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Breaking Down Bitcoin: A study of Bitcoin and the Shari' Hukm Related to it

Breaking Down Bitcoin: A study of Bitcoin and the Shari' Hukm Related to it

Paperback

Business General

ISBN10: 1983506885
ISBN13: 9781983506888
Publisher: Createspace
Published: Jan 1 2018
Pages: 46
Weight: 0.14
Height: 0.10 Width: 5.50 Depth: 8.50
Language: English
With the disruptive effect of FinTech and new forms of technology on the capital markets, the ongoing 'war on cash' and the development of new so-called 'asset classes'; this paper shall aim to address the reality of the most popular cryptocurrency today- Bitcoin. In Part 1, the author aims to provide a brief insight as regards to what Bitcoin actually is especially given that the question as to whether it is a 'currency' or an 'asset' has caused considerable confusion to date. In Part 2, the author then aims to assess Bitcoin from an Islamic legal viewpoint based on a critical evaluation of some key research papers and ijtihad (legal reasoning) conducted on the matter to date.

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