Shariah compliance of TLD

TLD is leveraging the power of Web3 to offer a Shariah compliant global platform which revolves around the principle of Ta’awun (mutual assistance) and Tabarru (voluntary contribution).

With TLD, everyone’s interest is aligned and free from prohibited elements by shariah matters such as Riba (interest), Maisir (gambling), Gharar (uncertainty) and Taghrir (deception).

The model adopted by TLD provides diversification in terms of income and transparency in managing funds. This common model is fully consistent with shariah principles according to AAOIFI Standard 26 which is the most reputable Islamic international autonomous not for profit institution in the field.

Refer to the shariah-paper for a more detailed discussion.