Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak

Nowadays, crypto-currencies, bitcoin and blockchain has become a main issue that the Muslim scholars debate in the financial system. Bitcoin is a virtual currency that uses cryptography and blockchain for security. Most of the people in the country are not know and lack of knowledge regarding this c...

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Main Author: Abdul Razak, Mohamad Khairi
Format: Thesis
Language:English
Published: 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/56757/1/56757.pdf
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spelling my-uitm-ir.567572022-03-29T08:48:24Z Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak 2018-07 Abdul Razak, Mohamad Khairi Finance, Islamic Nowadays, crypto-currencies, bitcoin and blockchain has become a main issue that the Muslim scholars debate in the financial system. Bitcoin is a virtual currency that uses cryptography and blockchain for security. Most of the people in the country are not know and lack of knowledge regarding this crypto-currency. There are also have many disputes among the muslim scholars because some of the country already come out with fatwa which is not permissible to made as a transaction. Crypto-currency have the advantages also. In this paper will be discussed the advantages, disadvantages, the validity of the crypto-currency and the suggestion from the researcher in International Shariah Research Academy (ISRA) regarding the regulation that the regulator should take to ensure that if the crypto-currency are applied in this country without any speculation. Crypto-currency is the digital money and maybe one day it will be applied fully as a mode of payment. So, the banks and other financial institutions should see and consider crypto-currencies as an alternative for the financial transactions in the future. 2018-07 Thesis https://ir.uitm.edu.my/id/eprint/56757/ https://ir.uitm.edu.my/id/eprint/56757/1/56757.pdf text en public degree Universiti Teknologi MARA Academy of Contemporary Islamic Studies Yaakub, Ezani (Assoc. Prof.)
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Yaakub, Ezani (Assoc. Prof.)
topic Finance
Islamic
spellingShingle Finance
Islamic
Abdul Razak, Mohamad Khairi
Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak
description Nowadays, crypto-currencies, bitcoin and blockchain has become a main issue that the Muslim scholars debate in the financial system. Bitcoin is a virtual currency that uses cryptography and blockchain for security. Most of the people in the country are not know and lack of knowledge regarding this crypto-currency. There are also have many disputes among the muslim scholars because some of the country already come out with fatwa which is not permissible to made as a transaction. Crypto-currency have the advantages also. In this paper will be discussed the advantages, disadvantages, the validity of the crypto-currency and the suggestion from the researcher in International Shariah Research Academy (ISRA) regarding the regulation that the regulator should take to ensure that if the crypto-currency are applied in this country without any speculation. Crypto-currency is the digital money and maybe one day it will be applied fully as a mode of payment. So, the banks and other financial institutions should see and consider crypto-currencies as an alternative for the financial transactions in the future.
format Thesis
qualification_level Bachelor degree
author Abdul Razak, Mohamad Khairi
author_facet Abdul Razak, Mohamad Khairi
author_sort Abdul Razak, Mohamad Khairi
title Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak
title_short Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak
title_full Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak
title_fullStr Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak
title_full_unstemmed Crypto-currencies from islamic economics / Mohamad Khairi Abdul Razak
title_sort crypto-currencies from islamic economics / mohamad khairi abdul razak
granting_institution Universiti Teknologi MARA
granting_department Academy of Contemporary Islamic Studies
publishDate 2018
url https://ir.uitm.edu.my/id/eprint/56757/1/56757.pdf
_version_ 1783734956478955520