A critical analysis of Bitcoin from an Islamic legal perspective

The objective of this chapter is to critically analyze Bitcoin from an Islamic jurisprudential perspective in a systematic way. Due to the novelty of the underlying conceptual idea of Bitcoin, and cryptocurrencies in general, it has posed a great challenge for the contemporary shariah (Islamic law)...

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Veröffentlicht in:Fintech, digital currency and the future of Islamic finance
1. Verfasser: Habib, Farrukh (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2021
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Zusammenfassung:The objective of this chapter is to critically analyze Bitcoin from an Islamic jurisprudential perspective in a systematic way. Due to the novelty of the underlying conceptual idea of Bitcoin, and cryptocurrencies in general, it has posed a great challenge for the contemporary shariah (Islamic law) scholars warranting a strong ijtihadi (jurisprudential analogy) aptitude. This chapter endeavors to fill this gap and aims to provide a reliable reference point on the issue. To achieve the above objective, the chapter will conduct a comprehensive investigation of the classical sources of sharia as well as a meticulous examination of the contemporary resolutions and fatwas (Islamic verdicts) which is descriptive.
ISBN:9783030492472