🟩 Community Request: Halal Stable Asset Initiative for a Stronger Sidra Ecosystem

🕌 Assalamu’alaikum and Greetings to Sidra Holding Team and Sidra Family 🌙

We, members of the SidraChain and SidraStart community, want to sincerely thank the Sidra Holding leadership for continuously developing one of the most promising halal blockchain ecosystems under Qatar’s jurisdiction.
SidraStart now supports over 54 project tokens, and SidraDEX has become an active hub for on-chain trading and community-driven innovation.

However, one issue has remained unresolved for quite some time — and it is now deeply felt by contributors and project founders alike:

⚠️ SidraDEX still has no stable reference asset or halal value anchor.
This causes extreme token volatility, uncertain project valuation, and limits the ecosystem’s economic growth.

📜 Context and Community Concern

In the official Sidra Q&A (12 May 2025), the Sidra team clearly stated:

“USDT or other fiat stablecoins are not yet approved by QCB/QFCRA, we are waiting for regulatory permission.”

The community fully respects this stance and understands that Sidra Holding must comply with QFC and Qatar Central Bank regulations.
But after many months, and with over fifty-four active tokens now circulating, the lack of a stable pairing option has created a practical bottleneck:

Investors cannot evaluate project values consistently;
Token prices swing too widely without a stable base;
Contributors are losing motivation because rewards fluctuate too fast;
And overall, the DEX market looks less efficient than it truly is.

We are not asking Sidra Holding to violate Qatar’s regulations — rather, we are urging the team to explore an alternative halal-compliant path that can provide stability without using fiat pegs.

🌐 Proposal from the Community

We humbly request Sidra Holding to consider:

Launching a “Halal Value Asset (HVA)” — an asset-backed token linked to real, audited, Shariah-approved assets such as gold, sukuk, or halal commodities, fully under Sidra Holding’s custody and legal framework.
Clarifying a short-term policy direction for this issue — even a statement of intent would greatly ease uncertainty among contributors and project founders.

This approach would not breach QFCRA’s ban on fiat stablecoins because it would be classified as an investment token or asset-backed digital instrument, not as digital currency — the same model already mentioned in earlier Sidra plans (gold- and silver-backed coins).

💡 Why This Proposal Is Reasonable and Necessary

🟢 Fully aligns with Sidra’s mission — promoting halal finance innovation.
⚖️ Complies with QFC regulations — as a commodity-anchored asset, not fiat substitute.
📈 Improves market confidence — providing a reference value for 54+ project tokens.
🌍 Attracts global investors who seek Shariah-compliant stability in digital markets.
🤝 Relieves community frustration — showing that progress is being made while waiting for regulator approval.

🙏 Closing Appeal

Sidra Holding has earned our respect for maintaining integrity, patience, and compliance during this long regulatory journey.
However, many in the community are growing anxious — not because they doubt Sidra’s vision, but because they long for a tangible step forward that ensures stability and usability for all projects already launched.

We believe introducing a temporary halal value asset under proper supervision would not only be safe but also a milestone in proving Sidra’s leadership in the global halal blockchain movement.

With respect and optimism,
The SidraChain & SidraStart Community
(Independent community proposal — not an official company statement)

#SidraChain #SidraStart #SidraDEX #SidraFamily #SidraHolding