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العملات المشفرة تاريخها وحكمها

Saleh, Abdulmajid Obaid Hasan and Ameen Ahmed Abdullah Qasem Anaharib, Ameen (2019) العملات المشفرة تاريخها وحكمها. Online Journal of Research in Islamic Studies UM, 6 (1). pp. 31-42. E-ISSN 2289-6821

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Abstract

ABSTRACT Virtual money emerged as a form of digital money, and it has the same features of paper money in terms of selling, purchasing and international trade exchange without any material tangible entity or central censorship. The value of this currency has developed over approximately thirty years. The spread of this currency created problems that affect the concept of shar’i (legitimate) exchange such as incursion into gambling, cheat, etc.; and lead to the decline of the central banks’ dominance as well as their monetary and financial policies. Consequently, it negatively affects the real economy in addition to the risks which influence the life of middle class people to the extent that the virtual currencies spread. Hence, it was crucial to understand the reality of virtual money. This paper concludes that the view, which prohibits dealing with this currency, is sounder and better due to the dangers resulted from it. This opinion accords with the shar’i and maqasidic viewpoint.

Item Type: Article (other)
Additional Information: 8728/73187
Uncontrolled Keywords: Keywords: virtual money, bitcoin, authentication, shari’ah ruling
Subjects: H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Institute of Islamic Banking & Finance (IIiBF)
Depositing User: Dr Abdulmajid Obaid Hasan Saleh
Date Deposited: 31 Jul 2019 11:22
Last Modified: 15 Oct 2019 10:44
URI: http://irep.iium.edu.my/id/eprint/73187

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