IMF warns on risks posed by CBDCs on Islamic banking systems
The IMF released a paper tackling the issues of the monetary policy implication of a CBDC for countries practicing Sharia banking.
Latest Islam News
Muhammad Mughal on CoinGeek Backstage: Bringing Islamic banking to the blockchain
Muhammad Mughal noted that sharia-compliant banking is still finding its way into the blockchain and Bitcoin ecosystem, but he believes the potential is enormous.
Does Bitcoin really challenge the Western financial system? Kurt Wuckert Jr. talks to Gold Silver Pros
CoinGeek's Chief Bitcoin Historian Kurt Wuckert Jr. recently joined Rob Kientz on Gold Silver Pros to talk about Bitcoin, the digital currency markets, regulations, stablecoins, and much more.
The closing of open society: Part II
In this article, author Dr. Craig Wright highlights the current crisis of the Republic of Mozambique after it gained political independence from Portugal on June 25, 1975.
Islamic organization in Indonesia declares digital currencies as haram
After a heated debate involving religious scholars and digital currency experts, members of the organization voted to declare digital currencies haram.
Malaysia partners with South Korean firm for ‘Sharia-complaint’ blockchain project
The partnership will result in the exchange of blockchain information and technical expertise in order to create a blockchain platform and distributed applications (Dapp) that would be permitted under the Islamic law.
Cryptocurrency is ‘Shariah compliant,’ study finds
Cryptocurrencies are compatible with Shariah law in most cases, except where they are banned by local laws, according to the findings of a study.