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CAIZearn Program

What is the CAIZearn Program?

The CAIZearn Program is a program designed to allow CAIZcoin 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.

How do I participate in the CAIZearn Program?

The CAIZearn Program is a program designed to allow CAIZcoin 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.

What happens to my pooled tokens at the end of the lockup period?

At the end of the lockup period, your pooled tokens will be released back to your wallet.

How often are rewards paid out?

Rewards are paid out on a 3-month basis.

Can I cancel my participation in the CAIZearn Program?

No, you cannot cancel your participation in the CAIZearn Program before the end of the lockup period.

Can I withdraw my pooled CAIZcoins before the end of the lockup period?

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.

Can I participate in both the 6-month and 12-month plans at the same time?

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.

Are there any fees for participating in the CAIZearn Program?

You will need to have at least 0.014 ETH in your wallet to cover the transaction fees associated with participating in the CAIZearn Program. This is because every time you lock your CAIZcoins, 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.

How does the CAIZearn Program work?

The CAIZearn Program works by allowing users to pool their CAIZcoins 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.

Can I withdraw my pooled tokens before the end of the lockup period?

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.

Can I participate in the CAIZearn Program multiple times?

Yes, you can participate in the CAIZearn Program multiple times.

How do I track my earnings from the CAIZearn Program?

You can track your earnings from the CAIZearn Program on the CAIZearn Dashboard. Once you have participated in the program, you will be able to see your pooled CAIZcoin Balance, your Earned Amount, and the option to Earn More coins.

How secure is the CAIZearn Program?

The CAIZearn 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.

Can I transfer my pooled tokens to another wallet?

No, you cannot transfer your pooled tokens to another wallet.

What happens to my pooled coins at the end of the lockup period?

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.

What is the minimum amount of CAIZcoins I can lock in the CAIZearn Program?

The minimum amount of CAIZcoins you can lock in the CAIZearn Program is 1 Caiz.

Team and Development

At what stage of development are we right now?

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.

Who is developing CAIZcoin?

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 CAIZcoin’s constitution.

How can I join the Caiz Community?

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

What does ICO mean?

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.

Is CAIZcoin listed on any exchange?

We are working to list on the Global Exchanges soon.

How can I convert CAIZcoin into cash / FIAT money?

You will be able to convert it on global exchanges soon.

What is ETH?

The abbreviation ETH stands for Ether, a decentralized digital currency, that is used by the open-source software platform Ethereum.

What is CAIZcoin?

CAIZcoin is an Islamic, ethics, and morality-based crypto token that will enable the Islamic world to the blockchain future. CAIZcoin 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.

Who founded Caizcoin?

Caizcoin, 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 CAIZcoin 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. 

 

How much is Caizcoin?

Hold your horses! Caizcoin is currently unlisted, meaning its price isn’t yet set. But the wait won’t be long. Mark your calendars for April 4th, 2024, when it’s 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. 

 

Where can I buy Caizcoin?

Pump the brakes on buying just yet! As of now, Caizcoin is still warming up in the pre-launch zone. But don’t worry, the wait won’t be in vain. Come April 4th, 2024, 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! 

 

Is Caizcoin 100% safe?

While complete safety in any investment is a myth, Caizcoin 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. 

What is best Islamic cryptocurrency?

CAIZcoin 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 CAIZcoin as a frontrunner and leading choice in the realm of Islamic digital currencies. 

 

Which cryptocurrency was the first to be Islamic-compliant?

CAIZcoin 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, CAIZcoin offers a unique proposition in the cryptocurrency world by merging modern digital currency with traditional Islamic financial principles. 

What does Caiz mean?

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. CAIZcoin 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.

Is it possible to sell tokens / CAIZcoins?

We are working to list on the Global Exchanges soon.

Is it possible to sell tokens / CAIZcoins?

We are working to list on the Global Exchanges soon.

Does CAIZcoin offer its own wallet?

Yes, a CAIZwallet is currently in the test phase and will be available.

What is a Wallet?

A crypto wallet is where crypto token holders hold their assets.

Is there an Islamic cryptocurrency?

Yes, CAIZcoin 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 CAIZcoin consistently upholds the highest moral and ethical standards, making it a leading and trustworthy choice in Islamic digital currencies.  

What is cryptocurrency in Islam?

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 CAIZcoin, 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.  

Is cryptocurrency halal or haram?

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, CAIZcoin stands out. It adheres to Sharia-compliant transactions, aligning with Islamic ethical standards, making it a suitable choice for Muslims.

Is Caizcoin Halal?

Yes, CAIZcoin is considered Halal. Despite ongoing debates about the permissibility of cryptocurrencies in Islam, CAIZcoin 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 CAIZcoin as a Halal cryptocurrency option.  

Are Muslims allowed to invest in crypto?

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 CAIZcoin, 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. 

Community

Who can buy CAIZcoin?

Everybody is going to be able to buy CAIZcoin on global exchanges soon.

How can I support CAIZcoin?

We are currently refining the last details to get you started with Caiz Coin. In the meantime, we want to stay in touch with our community and make it even more solid, therefore we encourage you to be a part of Caiz Coin’s early supporters and to Subscribe on our social media channels.

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      IFBA Blockchain

      The Islamic Federated Byzantine Agreement (IFBA) has three main innovations over FBA, which provides optimal resilience in decision-making, improves transparency, increases the costs for malfunctioning and ill-behaving nodes, and ensures the blockchain is Fiqh compliant. These innovations ensure the nodes in the network of the CAIZchain can always reach consensus, meaning the blockchain will never stop running.

      The three innovations are:

      I. Introduction of Islamic Supervisory Nodes
      Special type of node which is run by Islamic scholars who are respected leaders in the community

      II. Verified, Public Nodes
      Individuals and organizations must pass identity and compliance verification in order to join the CAIZchain network.

      III. Caiz Consensus Protocol
      It is used by nodes in the network to ensure the validity and Fiqh compliance of statements or ledger updates.

      DeCe by Caiz

      We developed and introduced a new financial architecture that combines the advantages of decentralized (De) and centralized (Ce) systems, giving rise to the distinctive DeCe acronym. Our mission is to secure a safe and inclusive environment that allows our community to capitalize on the opportunities provided by new digital systems. We can offer lower fees and a faster and more transparent framework based on high moral principles by balancing operations and instruments. Importantly, our users always maintain complete ownership and control over their data, deciding what to disclose and when.

      The benefits of our integrated system are self-evident: a more streamlined and efficient financial system that empowers both individuals and enterprises. But that's not all. CAIZ is at the forefront of this exciting transformation as the digital shift toward decentralized systems creates new resources and opportunities. We want to be equipped for the next stage of the global economy.

      Our moral compass

      Our name, CAIZ (jāʾiz), represents our commitment to preserving the values of lawfulness, trustworthiness, and legitimacy in all that we do. We prioritize inclusion, justice, safety, and philanthropy by adhering to Fiqh-compliant financial principles. A Fiqh-compliant financial model is centered on principles such as the prohibition of Riba (interest), asset-backed transactions, and limits on funding Haram (banned) ventures. This approach is decisively different from traditional financial systems and provides countless benefits to investors.

      First and foremost, a Fiqh-compliant financial model protects investors and their assets. Unlike traditional interest rates, a Fiqh-compliant structure allows for equity participation, with investors sharing risks and gains. Likewise, a Fiqh-compliant system emphasizes equity and places itself on parity with investors. Activity screenings are built on clear principles that prioritize social utility rather than solely focusing on profit potential. A Fiqh-compliant financial model has a long-term and positive impact on society and appeals to investors who are increasingly looking for evidence of good intentions. This is possible through a drive for transparent cooperation and the avoidance of industries that can contribute to harm.

      Our ambition at CAIZ is to bring financial instruments to users who do not have access to traditional financial systems, while simultaneously providing a more simplified and congenial model to those who are already in the finance sector.

      CAIZchain

      CAIZchain with the governance API - The CAIZchain is a distributed database solution that functions as the host for CAIZcoin and all related APIs to facilitate decentralized, peer-to-peer transactions. The blockchain operates on a network of federated nodes that approve transactions, governed by a Fiqh-compliant governance layer. To ensure Fiqh compliance, the CAIZchain incorporates innovative methods, such as full KYC requirements for new users to access the ecosystem, and an IFBA protocol, which stands for this protocol offers a more robust consensus mechanism than existing protocols, in that it ensures compliance with Islamic transaction principles.

      CAIZapi

      CAIZapi is a SaaS solution that offers access to our blockchain ecosystem, enabling you to develop apps and leverage on existing denomination to transfer value and assets. Our blockchain ecosystem enables developers to build applications that interact with other users in the network. You can use our APIs to communicate with smart contracts, send transactions and access data from other users’ wallets. We will build a variety of tools that make it easy for developers to start building their own applications using CAIZapi. These include for example a library of code samples and tutorials that show how you can use our APIs in your next projects.

      CAIZwallet

      CAIZwallet - The CAIZwallet is a digital wallet that enables users to store CAIZcoin and various financial products in the CAIZ Ecosystem. It serves as the core element for a user's interaction with the CAIZchain and the financial products offered within the Caiz Ecosystem. Integrated into the CAIZapp, the CAIZwallet can be downloaded by users on their mobile devices. Prior to utilizing the CAIZwallet and CAIZapp, users must complete a Know-Your-Customer (KYC) process, which includes identity verification and several checks to ensure compliance with anti-money laundering regulations. Furthermore, the CAIZwallet offers additional features, such as confirming transactions that are compliant with Islamic law as well as allocating a percentage of funds to Zakat.

      CAIZapp

      The CAIZapp serves as the centerpiece of the extensive CAIZ Ecosystem. With the App, you can maintain complete control over your digital assets and access all the features of the ecosystem. Check your transaction history and stay up-to-date with the latest market value of Caiz. It can be downloaded onto a mobile phone or accessed via a webpage. The CAIZapp will be consistently enhanced with new features as they become available.

      Caiz