Digital Waqf 2.0: How Islam’s oldest institution can benefit from blockchain technology The institution of Waqf has been a cornerstone of Islamic Welfare for hundreds of years. In modern times, this institution has been revived through Islamic Finance in several ways, like cash waqf, Sukuk linked Waqf and many more. Blockchain has emerged as a […]

Zakat on Digital Assets: Shariah Perspectives for Islamic Finance Introduction The rapid advent of blockchain-based instruments – notably cryptocurrencies, tokenized assets, and non-fungible tokens (NFTs) – has transformed modern finance and captured widespread interest among Muslims. As Shomad & Ghani (2024) observe, “the rapid emergence of digital assets, specifically cryptocurrency, has transformed modern finance, introducing […]

Islamic Finance Unveiled: What’s Fact and What’s Fiction. Islamic Finance has emerged as an alternative and counterpart to conventional finance in the last few decades. Although it has proven to be a reliable and often profitable system, it isn’t without its critics. Many people, in and outside the Muslim world have criticized Islamic Finance for […]