AKAD Finance
en
en
en
en
en
en
Date of Foundation
2023

AKAD Finance

"Islamic compliant decentralized exchange (DEX) with profit sharing"

Contact

The Idea origin story

AKAD Finance strives to redefine cryptocurrency norms by bridging the gap between conventional blockchain and Islamic law. Catering to a burgeoning market of 1.8 billion Muslims, our primary audience expands across Asia and Indonesia. Our unique element lies in intertwining safety with compliance - AKAD token, fueled by tangible assets such as gold aligns with Syaria principles offering not just a stable but also secure investment option. By incorporating profit-sharing methods, we project ourselves as an ethical alternative in the typically volatile crypto space.

The Mission

"Empowering global Muslims via a Shariah-compliant, decentralized exchange; ensuring profit-sharing & asset-backed financial stability."

Clients

Muslim investors, crypto traders looking for ethical options, financial institutions focusing on Islamic finance.

Problems we solve

Client’s problem

Your startup can bridge the gap between traditional Islamic finance and the burgeoning field of cryptocurrency. It addresses lack of ethical, Sharia-compliant crypto options and provides a secure and stable store of value for Muslim investors worldwide.

Confirmation of problem

problems of regulatory uncertainty and fraud are rife in current crypto exchanges, limiting access to Islamic financial services.

Solution

Creating Syariah-compliant DeFi platforms can enhance transparency, security, and drive financial inclusion for Muslim consumers in the global economy.

Our technologies

This solution is based on technologies

How it works

Using the Arbitrum protocol, Akad Wallet lets users easily manage digital assets in line with Islamic finance principles.

Value for the client

Akad Wallet ensures secure and Shariah-compliant digital asset management, committing to uphold high standards.

Market and strategy

Market size

229

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

risma yuhana

My key role in the product

Your key role is a CEO and founder, you're responsible for defining overall strategy, building a strong team, securing funding, and driving growth.

Team size and key members

Recruit a CEO who's proficient in business strategy and an experienced CFO for financial planning. Add marketing and sales experts to fuel growth.

Competitors

Competitors

Other potential competitors may include: 1. Goldmoney: A gold-based savings and payment network. 2. DigixGlobal: An Ethereum-based platform that tokenizes gold. 3. OneGold: Digital investment in physical precious metals. 4. BullionVault: Online peer-to-peer gold-and-silver-bullion exchange. 5. Tether Gold (XAUt): Blockchain-based digital gold product. Each has unique selling propositions, but none have taken an approach targeting specifically the Islamic market based

Our Advantages

Experience low-cost transactions with our fashion-forward platform. We're empowering Indonesian local gold stores to tap into a borderless market, revolutionizing the way you shop and trade.

Business model

our dex charges 0.3% and the portion 80% goes to liquidity provider and 2,5% to zakat and 17,5% for the company

Traction

Product progression and Dex development successfully completed. Our website now offers enhanced navigation, intuitive design and streamlined functionality for an enriched user experience.

Elevate your share in company's growth. Propel forward by decisively capitalizing on strategic opportunities for maximum profitability and sustainable expansion.

Metrics

Consider metrics like customer acquisition cost, lifetime value of a client and market penetration rate. Track pre-launch interest through lead generation efforts or sign-ups on your website's preview page. Monitor engagement levels with prototype/testing versions if available.

Incorporation

Our company incorporated in

Jakarta

Key risks

Main risks include regulatory changes in crypto markets, cyber security threats, competition from established financial platforms, potential non-acceptance due to religious interpretations and currency fluctuation.

Investments

$

none

We raised investments

Our Investors

angel investor

Rising Investments

$

seeking for $10,000,000

Currently, we are raising investments

$

1000000

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

Article

Read

Additional information

AKAD Finance
MVP
Date of Foundation
2023