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Cryptocurrency and Islamic Finance by Nafis Alam; Lokesh Gupta; Abdolhossein Zameni is a book available to read on EtoBox.
What is Cryptocurrency and Islamic Finance about?
Cryptocurrency is one of the most over-hyped terms of our generation. Some technology experts believe cryptocurrency is the biggest financial innovation of the twenty-first century. It has taken a top spot in technologydriven finance conversation where top financial institutions and tech giants are trying to encash on the crypto (for this book we will use the term "cryptocurrency" and "crypto" interchangeably) craze. Not to forget the speculative market of cryptos such as Bitcoin where speculators are investing a big chunk of investment to gain from the hype of surrounding the cryptos. Cryptocurrency is also a bit of a misnomer, and very few cryptocurrencies operate in any way that resembles fiat or real central bankbacked currency giving a doubt about its future use and survival. The vision of the cryptocurrency inventor was to bring privacy and security and take it away from banking institutions making it a decentralized currency, but the vision has evolved from currency of future to the most speculated financial asset of the decade. This chapter will look into the overview of cryptocurrency and why or why not it will be suitable within the Islamic financial system.
- Author
- Nafis Alam; Lokesh Gupta; Abdolhossein Zameni
- Publisher
- Springer International Publishing : Imprint: Palgrave Macmillan
- Published
- 2019
- Language
- EN
- ISBN
- 9783030246662
- Subjects
- Finance, Business, Economics
- Updated
- 2026-03-24
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