๐Ÿ™ Why is the guarantor’s work halal?

ALMAZ was created by believers, in compliance with all religious and traditional norms.

  1. The guarantor receives remuneration for his work (a certain amount as wages), and not riba for a percentage;
  2. All transactions taking place on the platform are confirmation of real physical purchase and sale transactions, they are not โ€œnon-existent goodsโ€;
  3. All users making P2P transfers guarantee when making a transfer that the payment is made exclusively for halal permitted activities;
  4. Our application does not participate in lending and does not guarantee an increase in funds.

Our digital asset is pegged 1:1 to the Pakistani Rupee, the legal government currency of the Islamic Republic of Pakistan. Any transactions on the platform reflect actual transactions in the Pakistani Rupee and do not carry any added value.