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

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.

• | Author: A. C Ahmed, Istinarah Press
• | Publisher: CreateSpace Independent Publishing Platform
• | Publication Date: Jan 01, 2018
• | Number of Pages: 44 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1983506885
• | ISBN-13: 9781983506888