Islamic Coin makes some difference from other crypto in such a way that it operates on the Haqq blockchain, which they say is an “ethical Web3”, designed to be autonomous, immutable, and independent. The blockchain is built on the concept of proof-of-stake (PoS) mining, so that Islamic Coin is decentralised. PoS mining makes sure that energy consumption is low, compared to Bitcoin’s proof-of-work method and what makes it a Shariah compliance is that activities that resemble gambling or speculation are not allowed, Engaging in uncertain transactions is not allowed, Transactions should be backed by tangible assets and excessive risk-taking is discouraged.