Coinstore has announced the initial exchange offering of Zakat Coin’s native token, ZKTC, on its spot trading platform. The launch was disclosed from Dubai, United Arab Emirates, and positions ZKTC as the project’s entry into public exchange trading.

The announcement describes Zakat Coin as the first Shariah-compliant payments token. Its core message centers on practical use cases around spending, sending and giving, highlighting a payments-focused approach rather than a purely speculative one.

For Coinstore, the listing also carries platform significance because ZKTC is identified as its 100th IEO project. That milestone gives the launch added visibility for both the exchange and the token as they seek attention in the broader digital asset market.

The rollout reflects continued interest in crypto products tailored to specific financial principles and user communities. With ZKTC now formally introduced through Coinstore’s IEO process, the project is being presented as a payments token designed to align digital transactions with Shariah-compliant standards.