Ali Erakat – Founder of Zakat Coin
Founded by forward-thinking pioneers Ali J. Erakat and Lena M. Alwari-Erakat, Zakat Coin is set to make its official debut in Q4 2025 through a groundbreaking Donation Coin Offering (DCO) – aiming to generate $150,000 in direct charitable contributions. Unlike traditional token launches, its token distribution serves merely as a vessel for greater good. Every participant is invited to join with a spirit of philanthropy over profit, as the project paves the way for full community governance by 2028, under the enduring guidance of the Zakat Coin Board of Scholars (ZCBS) to ensure unwavering Islamic compliance.
Ali Erakat – Photos Gallery
The Journey of Zakat Coin
2025 — Laying the Foundation
From code to cause, Zakat Coin begins its mission. Testnet contracts go live, FinCEN registration is completed, and patents are filed. By year’s end, the mainnet launches alongside the Donation Coin Offering (DCO)—raising $150,000 for charity—and the first beta of ZakPay reaches users worldwide.
2026 — Expanding the Mission
The movement goes global, extending to 25+ nations and welcoming 500+ verified charities across all Quranic giving categories. Public showcases at leading Islamic conferences unite technology and faith, as integrations with Islamic banks bring transparency to giving.
2027 — Preparing for Decentralization
Community voices grow stronger with new governance tools. VERDE AI verifies charities automatically, ensuring transparency. Independent auditors review security, while Zakolympics turns generosity into a global challenge with a 10M ZKTC prize pool.
2028 — Becoming a DAO
A milestone year: smart contracts are tested, legal assets transferred to a nonprofit, and Zakat Coin Inc. gracefully steps aside for full community governance, guided by the ZCBS.
2029 & Beyond — The Age of the Community
Zakat Coin becomes what it was always meant to be: a self-sustaining, faith-aligned DAO, governed by believers and safeguarded by scholars, serving 5,000+ charities across 150+ nations.
Executive Leadership
Ali J. Erakat — Founder & CEO
“The Brain of Zakat Coin”
Strategic Vision | Liquidity Management | Operational Architecture
Ali J. Erakat is the visionary force behind Zakat Coin’s patented automation and the architect of its ten proprietary utility engines. With over two decades of experience in high-performance operational environments, Ali leads the Super Tokenomics Z model, overseeing the FLIP/FLOP liquidity protocols. His expertise ensures financial discipline, structural scalability, and adherence to Islamic financial principles, translating Zakat Coin’s philanthropic mission into measurable global impact.
Lena M. Alwari-Erakat — Co-Founder & President
“The Heart of Zakat Coin”
Charitable Mission | Stakeholder Outreach | Operational Compliance
Lena embodies the compassion that powers Zakat Coin’s purpose. With a strong background in nonprofit leadership and charitable governance, she has built multiple humanitarian organizations. She designed the ZakatRated verification system, establishing the “Gold Crescent Standard” for transparency. As President of the nonprofit entity, Lena safeguards ethical compliance and ensures the mission’s sustainability beyond decentralization.
Salmaan Asgher — Chief Technology Officer
“The Architect of Zakat Coin”
Platform Architecture | Hybrid Implementation | Security Engineering
As CEO of Kryptomind (Dubai), Salmaan leads Zakat Coin’s technical innovation. His mastery in multi-network blockchain integration (Polygon, Arbitrum, Ethereum) underpins the platform’s scalability and resilience. He drives the implementation of patented smart contracts and AI-driven security protocols in collaboration with the CISO and the ZCBS, ensuring complete compliance and infrastructure integrity.
Rashied Arekat — Chief Operating Officer
“The Pulse of Zakat Coin”
Operations | Financial Oversight | IP Development
With decades of executive experience in real estate development and financial management, Rashied brings unmatched operational precision to Zakat Coin. He manages intellectual property development, oversees the Super Tokenomics Z ecosystem, and ensures fiscal responsibility. His leadership bridges vision and execution, guaranteeing that the platform’s growth remains both strategic and sustainable.
Muhammed Turan — Chief Nexus Officer
“The Face & Voice of Zakat Coin”
Ecosystem Partnerships | Governance Coordination | Community Relations
Muhammed connects technology with community. Leveraging his experience as a Salesforce engineer and auditor, alongside his philanthropic leadership, he directs strategic partnerships and public engagement. Acting as a vital liaison between the technical team, ZCBS, and global partners, Muhammed ensures every innovation serves real charitable impact.
Nasser J. Erakat — Chief Information Security Officer
“The Shield of Zakat Coin”
Cyber Defense | Security Architecture | Vision Safeguard
Nasser oversees cybersecurity operations with over 20 years of IT leadership experience. He safeguards the CTO’s architecture and the CEO’s strategic framework, conducting smart contract audits, multi-signature integrations, and live threat monitoring. His vigilance preserves both the integrity and trustworthiness of the entire Zakat Coin ecosystem.