A Critical Analysis of Bitcoin from an Islamic Legal Perspective

Farrukh Habib
Additional contact information
Farrukh Habib: Alif Technologies

Chapter Chapter 2 in Fintech, Digital Currency and the Future of Islamic Finance, 2021, pp 9-29 from Springer

Abstract: Abstract 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.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-49248-9_2

Ordering information: This item can be ordered from
http://www.springer.com/9783030492489

DOI: 10.1007/978-3-030-49248-9_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().