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BA
BarakaFi
BARAKA|HAQQ Network / SmartCredit|Credit
AUM
$9.21K
Yield
6.50%
Redemption
T+0
Overview
A decentralized, Sharia-compliant P2P financing platform. Replaces traditional interest-based lending with ethical repurchase agreements and profit-loss sharing structures.
Legal Wrapper
Digital Repurchase Agreement
Jurisdiction
Global / MENA Framework
Token Standard
ERC-20 Equivalent (HAQQ)
Custodian
Smart Contract (Non-Custodial)
Auditor
Shariah Oracle / HAQQ Board
Eligibility
Global Web3 Users
AUM History
90 Day Trend
No historical data available
Token Supply by Chain
Proof of Reserves
Stale (>14 days)Risk Analysis
Legal Enforceability
Financing relies on over-collateralized digital assets and automated repurchase logic rather than off-chain legal enforcement.
Source:Platform Mechanics
Custody
Web3 native. Risk relies entirely on the security of the HAQQ smart contracts rather than traditional banking architecture.
Source:Web3 Mechanics
Redemption
Liquid architecture allows users to exit positions or claim collateral based on the predetermined fixed terms.
Source:Credit Lifecycle
Transparency
100% transparent on the HAQQ block explorer.
Source:On-Chain Analytics
Technical
Built on the HAQQ Network, utilizing Cosmos SDK security with EVM compatibility.
Source:Blockchain Framework
Redemption & Liquidity
Primary Redemption
SettlementT+0
Minimum$10
KYC RequiredNo
Secondary Markets
VenueHAQQ DEX
Slippage ($100K)1.00%
Slippage ($1M)5.00%
Yield Breakdown
Gross Yield7.20%
Management Fee-0.50%
Real Yield6.50%
Does not include gas fees or potential slippage on redemption.