Frequently Asked Questions
Why Ethereum?
Ethereum, as Saladin's blockchain base, offers advanced security, well-established infrastructure, and smart contract functionality.
What makes the coin Islamic?
Saladin is backed by a portfolio of Shariah compliant assets, tailored for the ethics-conscious consumer.
What type of assets are under consideration?
Mostly real estate and commodities that adhere to ethics and risk mitigation, ensured by Shariah compliant standards.
Are you building any strategic partnerships?
Saladin is collaborating with a digital exchange partner, and investment organisations that deal in ethical financial instruments and shariah compliant products. Part of Saladin's strategic outlook is to partner with welfare orgnaisations.
What's your competition?
There is a significant gap in the market. The lack of a token system backed by Shariah compliant investments. This presents a substantial opportunity for Saladin to address this demand. In that, we have a first mover's advantage, therefore Saladin does not face any direct competitors at the present moment.
Do buyers get to choose where to invest through SALADIN?
All investment decisions are taken by dedicated investment fund managers. The premise of Saladin is for token buyers to be incentivised for buying the token, while not having to undergo the tedious research and minutiae of the investment process.
Do the buyers own any part of the assets you will invest in?
Buyers will own SALADIN Tokens. In short, the token is the buyer’s asset, because its value is directly linked to the underlying investments.
What is your target user audience?
Saladin wants to secure a significant market share within the cryptocurrency sector, by appealing to a varied demogrpahic globally, and primarily amidst GenY/GenZ users.
How is Saladin asset backed?
Proceeds from token sales go directly into Shariah complaint investment portfolios and their value growth enhances the value of the Saladin, thereby by making the token asset backed.
Why is there a 2.5% transaction fee on Saladin transactions?
Saladin's business model is designated to support sustainable growth, social reponsibility and stretegic investment. 2% of the transction fee will generate the revenue to support those functions, while the remaining 0.5% will be dedicated to charitable contributions.
Has the token been developed and tested?
Saladin token has been developed and tested successfully.
Has SALADIN developed its own wallet?
The wallet for android devices is under testing. The IOS wallet is under development at the present moment.
Where can users trade SALADIN tokens after launch?
Saladin tokens can be purchased on Uniswap at first, and token purchase via FIAT currency on Saladin website will be announced after the launch.
Are shariah compliant financial services popular?
Shariah compliant finance emerged in the early 90s, with Saudi Arabia, Malaysia, and Italy pioneering its introduction into financial markets. Since then, it has gained considerable presence and recognition in markets such as the UK, Australia, and Singapore, becoming synonymous with ethics, transparency, risk mitigation, and social justice.
What is your annual avg ROI?
Based on the latest market data on Shariah compliant real estate and shariah compliant commodities in UK, UAE, KSA and Malaysia (the four largest global hubs of Islamic Finance) a minimum annual avg ROI of 7% - 8% is expected.
What are the advantages of your model over a traditional asset backed token model?
Saladin's model is advantageous due to it's commitment to diversity and Shariah compliance, which mandates the circumvention of conventional investments that deal with excessive uncertainty and interest based earnings. This ensures ethics, risk mitigation and sustainability for Saladin's growth.