There is something about Eid that resets the clock. Not the calendar, the internal one. The one that measures where you stand with yourself, with your purpose, with the people around you. After weeks of fasting, of stillness, of stripping things back to what actually matters, Eid arrives and asks a simple question: so what are you going to do with this clarity?

I want to share three things with you today. One is personal. One is practical. And one might change how you think about what is coming next in the markets.

Today - on Eid day - we are launching the new version of swissislamicfinance.com. This is not a redesign. It is a rebuild.

The new version reflects where we are heading, not where we started. Two pages in particular deserve your attention.

The first is CipherX: our framework for digital asset infrastructure built on Islamic principles. A system designed from the ground up to align financial architecture with the ethics it claims to serve.

The second is CipherRWA: real-world asset tokenization done properly. If you follow this newsletter, you know my position: tokenization is not a buzzword. It is the mechanism that will make sound money investable, fractionable, and accessible to people who have been locked out of wealth creation for decades. CipherRWA is how we make that real.

Go explore the site. Tell me what you think. I built it for people like you: people who take the time to read, to learn, to question.

I have spent the last few weeks deep in the data. Charts, on-chain flows, macro indicators, cycle structures: the full picture. What I found stopped me in my tracks.

Here is the one thing I will share today: altcoins are forming a macro bottom against Bitcoin:

If that sentence means nothing to you, let me explain briefly. For the past two years, almost every cryptocurrency outside of Bitcoin has been losing value relative to BTC. Money has been flowing into Bitcoin and out of everything else. That trend is now showing signs of exhaustion. The ratios are compressing. The structure is shifting. And if history and current data are any guide, what comes next could be one of the most significant rotations we have seen in years.

I am not going to give you the full thesis here. Not because I want to tease you, but because this research deserves proper depth. The timeframes, the portfolio implications, the specific sectors I am watching, the macro reasoning behind why I think the conventional four-year cycle narrative is incomplete: all of this requires space and context that a newsletter cannot provide.

This is why we have been building the community on Skool.

Over the coming weeks, I will start sharing my full crypto macro research inside our Skool community. Not surface-level market updates. The complete framework: where I think we are in the cycle, which sectors are positioned for the next phase, how I am adjusting my own portfolio from a 12-month to a 3-to-5-year horizon, and why I believe the entire financial system is moving onto these rails.

If you want access to that research, and to the conversations happening around it → join us now.

Join Swiss Islamic Finance on Skool

This is not just some course. It is a community of people who think seriously about money, markets, and building alternatives that align with our values. The kind of place where we can go deep without simplifying to the point of uselessness.

Eid is a day of gratitude and beginnings. Today, I am grateful for every one of you who reads this newsletter, who challenges my thinking, who takes the time to care about where our financial system is going.

🔐 Our private investing community is now open to early members.

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—
Saâd
from Swiss Islamic Finance