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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: Islamic finance

Bitcoin and Sharia Compliance: How Halal is Bitcoin?

Category: Bitcoin, Commentary, News, Regulation

Bitcoin and Sharia Compliance: How Halal is Bitcoin?

As global bitcoin adoption is rising and bitcoin usage is expanding into markets such as the Middle East, Indonesia, Malaysia and other predominantly Muslim regions, the question of whether the cryptocurrency is compliant with the pillars of Islamic finance becomes more and more topical. Sharia-compliant Finance Sharia law requires a currency to have intrinsic value. What that means is that…

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