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Islamic Finance in Fintech

Post by:Mohamed Ibrahim Jan 31, 2023 0 Comments
Having built a Shariah-compliant global finance industry now worth US$3 trillion, Islamic legal experts are now grappling with the question of whether cryptocurrencies are permissible for the world’s 1.8 billion Muslims. Just how are religious laws from the 7th century adapted to meet the present-day needs and economic aspirations of believers? How do Islamic jurists decide what is halal, and what happens when there’s disagreement? And how will cryptocurrencies and other emerging technologies fit into the future of Islamic finance?

Dr Ryan Calder, who researches the social impacts of Shariah law, and Hassan Jivraj, Islamic finance journalist, probe these issues with presenter Ali Moore. If you want to listen the podcast, click on https://player.whooshkaa.com/episode?id=984998
If you to read it here it is..https://ayuub.org/wp-content/uploads/2023/01/IslamicFinance.pdf

Reference: This episode was recorded on the 8th of March 2022. Producers were Kelvin Param and Eric van Bemmel of profactual.com. Ear to Asia is licenced under Creative Commons, copyright 2022, the University of Melbourne.