The Legal Cause of “Holding Value” and Its Impact on Islamic Provisions Regarding Virtual Currencies

This article discusses the Islamic juristic position of virtual currencies. In the classical period, jurists differed on the reason behind Islam’s prohibition of usury when dealing with precious metals and their derivatives, with the majority arguing that this is because they are considered to hold...

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Bibliographic Details
Main Authors: Man Baker, Muhammed Semai
Format: Article
Language:English
Published: MDPI AG 2020-07-01
Series:Religions
Subjects:
Online Access:https://www.mdpi.com/2077-1444/11/7/339