The growth of Islamic finance today is significant, making it
timely to meet the market demand across the world and particularly
for Muslim countries by producing a cryptocurrency model under the
Shari'ah ethical principles. This book addresses core components of
cryptocurrency within the Maqasid al-Shari'ah in enabling students,
academics, users, traders, issuers, promoters, facilitators,
managers, regulators, decision makers, blockchain technology
providers, financial authorities, and other relevant professionals
to understand Shari'ah cryptocurrency and its practical mechanisms.
Among the issues covered are corporate understanding, global
phenomena and world view, the Shari'ah model, SWOT analysis,
innovation, conventional practices and the Halaldichotomy,
regulatory standards, blockchain and its technological paradigm,
practicality, establishment, and operational mechanisms, Zakat and
Waqf through cryptocurrency, risk factors, and takaful solution.
This book establishes a Halal alternative model of cryptocurrency
management within the Maqasid al-Shari'ah to meet the contemporary
global market demand.
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