BRATISLAVA, Slovakia – 22 July 2025
The Board of Directors of Quan2um, a Slovakia-registered centralised cryptocurrency exchange, today unanimously approved the ManaFair framework 1.0 – a comprehensive governance protocol that proactively excludes any digital assets or trading practices deemed to involve gharar (excessive uncertainty) or maysir (speculation/gambling). Effective immediately, Quan2um will neither list high-risk assets nor facilitate leveraged margin trading, futures, options, and other high-risk instruments – and will freeze trading in any token whose governance, tokenomics or volatility later breaches the new thresholds.
“Crypto markets have always carried risk, but the last six months have unleashed a heartbreaking wave of forced liquidations that have wiped out life-savings and torn holes in family finances—even on so-called ‘decentralised’ platforms. When speculation ends in tragedy, it crosses an ethical line. Our mandate under Islamic finance therefore gives us both the clarity and the courage to reject any instrument whose gains are built on such avoidable harm: profit can never be worth that price,” said Ilmary Kaya, CEO of Quan2um.
How the Framework Works
- Monthly Heat-Map: Independent risk consultants score every listed asset for volatility, governance quality, collateral backing, market depth and Manafīʿ al-ʿAyn (tangible, measurable utility).
- Joint Screening Committee: Risk analysts, Shariah scholars and senior management vote on the admission, suspension or delisting of each asset.
- Automatic Freeze Triggers: Sudden spikes in leverage, opaque token burns, or meme-driven price surges can pause trading pending review.
- Public Transparency: A condensed “white-list / grey-list / red-list” report will be published each quarter.
According to public data from Coinglass, Bitcoin-related liquidations alone exceeded US$ 20 billion during the first half of 2025, with the bulk occurring on large centralised exchanges such as Binance, Bybit and OKX. Quan2um’s decision positions the platform as a safe harbour for investors seeking exposure to digital assets without the structural risks of high-leverage products.
Quan2um is finalising the appointment of an independent Shariah Supervisory Board to oversee ongoing compliance. A detailed description of the ManaFair Framework 1.0 will first be provided to majority shareholders and holders of Quan2um’s native token, then circulated to all users in the coming months and, finally, published on the company’s website.
About Quan2um
Founded in 2019 and headquartered in Bratislava, Quan2um runs a centralised cryptocurrency exchange with more than 80,000 active users. The ecosystem blends blockchain innovation with Islamic-finance principles and philanthropy, offering spot trading, yield-earning EcoMining pools, and transparent channels for distributing zakāt and ṣadaqah. Quan2um’s mission is to give Muslims worldwide safe, Shariah-compliant access to the digital economy while empowering them to share their prosperity with those in need.
Media:
Website: https://q2.eco
Email: support@quan2um.com support@quan2um.com
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