The Formal Digital Currencies (An Islamic Economics perspective)

Authors

Abdallah Al-AbdelmoneamFollow
Talib WarradFollow

Abstract

The study aimed to develop a theoretical framework for digital currencies considering their reality and their various sections, in particular characterization of formal digital currencies from a Sharia and economic perspective, with an indication of Islamic economics perspective of legal digital currencies. The study included a statement of the objectives of issuing the formal digital currencies, by referring to their types of digital currencies in general, with a mention of the reasons that led to the emergence of legal digital currencies, and the characteristics, advantages and sections of formal digital currencies. The study found that formal digital currencies are consistent with the position of the Islamic economics in terms of their value, which is money in terms of its nature and legal characterization, and it is characterized by the functions of money in the economy

Recommended Citation

Al-Abdelmoneam, Abdallah and Warrad, Talib (2022) "The Formal Digital Currencies (An Islamic Economics perspective)," Jerash for Research and Studies Journal مجلة جرش للبحوث والدراسات: Vol. 23: Iss. 2, Article 102.
Available at: https://digitalcommons.aaru.edu.jo/jpu/vol23/iss2/102