Introduction
Equal is an innovative multi-blockchain platform designed to tokenize assets that comply with Sharia principles. Integrated with non-custodial wallets compatible with the Ethereum Virtual Machine (EVM) like MetaMask, Equal ensures high levels of security, transparency, and convenience in asset management. The platform aims to revolutionize Islamic finance by digitizing and tokenizing financial instruments such as Musharaka, Mudaraba, Sukuk, and Istisna.
Islamic finance, governed by Sharia law, is a rapidly growing segment of the global financial system. With assets estimated at over $4.5 trillion in 2024 and projected to reach $8.85 trillion by 2032, this sector excludes elements like riba (interest), gharar (excessive risk), and haram (prohibited activities). This makes Islamic financial products attractive to millions of Muslim investors worldwide who seek to adhere to religious norms while investing their funds.