Frequently Asked Questions
Caiz Earn Program
The Caiz Earn Program is a program designed to allow Caiz Coin holders to earn more coins while contributing to the stability and accessibility of the Caiz ecosystem. It uses a Liquidity-Pool to provide liquidity to multiple markets, ensuring that buyers and sellers can conduct transactions seamlessly.
At the end of the lockup period, your pooled tokens will be released back to your wallet.
You will need to have at least 0.014 ETH in your wallet to cover the transaction fees associated with participating in the Caiz Earn Program. This is because every time you lock your Caiz Coins, a transaction fee is charged by the Ethereum network. Without enough ETH in your wallet, you won’t be able to complete the transaction. Therefore, we recommend checking your wallet balance and ensuring that you have enough ETH to cover the transaction fees before participating in the program.
The Caiz Earn Program is a program designed to allow Caiz Coin holders to earn more coins while contributing to the stability and accessibility of the Caiz ecosystem. Visit the Caiz Earn page to learn more.
Rewards are paid out on a 3-month basis.
No, you cannot cancel your participation in the Caiz Earn Program before the end of the lockup period.
Yes, you can participate in both the 6-month and 12-month plans at the same time. However, you will need to submit separate participation forms for each plan.
No, you cannot withdraw your pooled CAIZcoins before the end of the lockup period. The lockup period is a commitment you make to hold your CAIZcoins in the liquidity pool for a specific period in exchange for a reward.
The Caiz Earn Program works by allowing users to pool their Caiz Coins for either 6 or 12 months in exchange for a 5% or 7% annual return, respectively. The pooled coins are used to provide liquidity to multiple markets, earning a reward for the user.
No, you cannot withdraw your pooled tokens before the end of the lockup period. The lockup period is either 6 or 12 months, depending on the plan you choose.
Yes, you can participate in the Caiz Earn Program multiple times.
You can track your earnings from the Caiz Earn Program on the Caiz Earn Dashboard. Once you have participated in the program, you will be able to see your pooled Caiz Coin Balance, your Earned Amount, and the option to Earn More coins.
The Caiz Earn Program is designed to be secure and reliable. The program uses a Liquidity-Pool to provide liquidity to multiple markets, ensuring that buyers and sellers can conduct transactions seamlessly.
No, you cannot transfer your pooled tokens to another wallet.
At the end of the lockup period, you can choose to unlock your coins or continue to keep them locked in the liquidity pool. If you choose to unlock them, you will receive your original coins back, plus any rewards that you have earned during the lockup period.
The minimum amount of Caiz Coins you can lock in the Caiz Earn Program is 1 Caiz Coin.
Team and Development
We have completed the initial development and testing stage. Our beta version has been released and it provides a peek into the aimed ecosystem which we are proud to present soon to the public. Currently, the team has indulged in building a community of developers, and supporters and letting people know about our project. We are progressing towards listing our token on centralized exchanges, for detailed news you will find updates on our support and social media platforms.
Our team is formed by a mix of young and enthusiastic leaders who work alongside IT professionals, economists, and international scholars to realize the vision of a transparent, secure, and fair platform. Our developers have studied the present crypto space thoroughly and have developed solutions for overall issues, while incorporating the same in Caiz Coin’s constitution.
You can look for the platform you want at the end of the website, where you have direct access to all our social media.
We believe that the best way to make a difference is by coming together as a community, and that’s why we’ve built it for you!
Other Questions
The abbreviation ICO stands for Initial Coin Offering. This concept is similar to Initial Public Offering (IPO). It is a form of crowdfunding and is often used in connection-token sales.
We are working to list on the Global Exchanges soon.
You will be able to convert it on global exchanges soon.
The abbreviation ETH stands for Ether, a decentralized digital currency, that is used by the open-source software platform Ethereum.
Caiz Coin is an Islamic, ethics, and morality-based crypto token that will enable the Islamic world to the blockchain future. Caiz Coin has added value in its transparency, morality, and decentral network. Caiz Coin is ideally suited for partners who look for a blockchain solution to use in their product.
Caiz Coin, founded in 2020 by two Muslim entrepreneurs from Europe, was established with the mission to serve the Muslim community, approximately 1.8 billion people, by providing access to Islamic finance. This initiative combines the latest blockchain technology with the traditional values of Islamic finance. Operating originally as Caiz Coin in Germany and now as Caiz, the company focuses on creating a Sharia-compliant financial ecosystem characterized by trust and transparency. The founders’ vision is to seamlessly integrate modern technology with established Islamic financial principles, guided by a team specializing in finance and technology.
Hold your horses! Caiz Coin is currently unlisted, meaning its price isn’t yet set. But the wait won’t be long. Caiz Coin is set to launch on over 50 major crypto exchanges. Then, its price will be determined by market forces and the initial excitement around the project.
Pump the brakes on buying just yet! As of now, Caiz Coin is still warming up in the pre-launch zone. But don’t worry, the wait won’t be in vain. Come 2025, you can snag it on your favourite crypto exchange among the 50+ platforms it’s landing on. Just remember to do your research before diving in!
While complete safety in any investment is a myth, Caiz Coin prioritises trust and security. Backed by Caiz, a leading Sharia-compliant blockchain ecosystem, it adheres to rigorous ethical and Islamic finance principles. This focus on ethical standards helps build confidence in its foundation. However, remember that crypto comes with inherent risks, so do your research and invest cautiously.
Caiz Coin stands out as the first Islamic cryptocurrency and is widely regarded as the best in its category. It is uniquely designed to align with Sharia principles, making it a highly regulated and ethical choice. Based in the EU, Caiz combines the security and efficiency of blockchain technology with a framework deeply rooted in Islamic values. Its self-funded nature, free from venture capital influences, further ensures adherence to its ethical and religious commitments. This combination of factors positions Caiz Coin as a frontrunner and leading choice in the realm of Islamic digital currencies.
Caiz Coin is recognized as one of the first cryptocurrencies to comply with Islamic finance principles. According to Etherscan, Caiz tokens were minted on January 6, 2021, serving as additional proof of its pioneering status. It is designed to align with Sharia law, ensuring its transactions and operations adhere to the ethical and moral guidelines set by Islamic teachings. As such, Caiz Coin offers a unique proposition in the cryptocurrency world by merging modern digital currency with traditional Islamic financial principles.
Literal Meanings of Caiz: Caiz is synonymous with “Jaiz” in the Arabic language, meaning permissible, confident, and legal. Other similar words for Jaiz are accepted, approved, or admissible. Caiz is the label of our permissible and legal crypto token launched to impart innumerable asset management benefits and utilization. We are one of the first to present an Islamic- compliant crypto token based on blockchain technology.
We are working to list on the Global Exchanges soon.
Yes, a Caiz Wallet is currently in the test phase and will be available.
A crypto wallet is where crypto token holders hold their assets.
Yes, Caiz Coin is a notable Islamic cryptocurrency that stands out in the digital currency space. What sets Caiz apart is its innovative IFBA blockchain solution and the inclusion of a super node run by Muslim scholars. This ensures that all transactions adhere to Islamic financial principles. Additionally, all Caiz systems and operations are continuously overseen and certified by a high Committee of Muslim scholars. This rigorous oversight guarantees that Caiz Coin consistently upholds the highest moral and ethical standards, making it a leading and trustworthy choice in Islamic digital currencies.
In Islam, cryptocurrencies must align with Sharia law, which emphasizes ethics, fairness, and prohibition of interest (Riba). To be considered Halal, they should avoid speculation, be asset-backed, and promote risk sharing. Some cryptocurrencies, like Caiz Coin, are specifically designed to meet Islamic financial principles, offering a compliant option for Muslim users and are viewed as either a true currency or a digital asset.
The permissibility of cryptocurrencies in Islamic finance varies. Trading futures in cryptocurrency is often seen as haram due to its speculative nature, which conflicts with Islamic principles of risk-sharing and ethical finance. However, for those seeking a permissible option, Caiz Coin stands out. It adheres to Sharia-compliant transactions, aligning with Islamic ethical standards, making it a suitable choice for Muslims.
Yes, Caiz Coin is considered Halal. Despite ongoing debates about the permissibility of cryptocurrencies in Islam, Caiz Coin aligns with Islamic finance principles due to its Sharia-compliant transactions, scholar-run nodes for Fiqh compliance, prohibition of Riba (interest), and a robust KYC process. These features collectively establish Caiz Coin as a Halal cryptocurrency option.
Muslims are allowed to invest in cryptocurrencies, but the permissibility depends on whether the specific crypto asset aligns with Islamic finance principles. In Islamic finance, investments must avoid elements like excessive uncertainty (Gharar), gambling (Maisir), and interest (Riba). Each cryptocurrency must be evaluated on these grounds. Some cryptocurrencies, like Caiz Coin, are explicitly designed to be Sharia-compliant. However, not all cryptocurrencies meet these criteria. Muslims considering investing in cryptocurrencies should seek guidance on the specific crypto asset’s compliance with Islamic financial laws.
