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The Convergence of Blockchain Technology and Islamic Economics: Decentralized Solutions for Shariah-Compliant Finance

2025/01/04 by Naseem Alsadi, Alsadi, Naseem
Business, Management and Accounting · Economics, Econometrics and Finance · #Computational Engineering #Cryptography and Security (cs.CR) #Emerging Technologies (cs.ET) #FOS: Computer and information sciences #FinTech, Crowdfunding, Digital Finance #Finance #Islamic Finance and Banking Studies #Microfinance and Financial Inclusion #and Science (cs.CE)

paper · pdf · doi:10.48550/arxiv.2501.02263

openalex publication_date 2025/01/04 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

This paper provides a brief overview of the ongoing financial revolution, which extends beyond the emergence of cryptocurrencies as a digital medium of exchange. At its core, this revolution is driven by a paradigm shift rooted in the technological advancements of blockchain and the foundational principles of Islamic economics. Together, these elements offer a transformative framework that challenges traditional financial systems, emphasizing transparency, equity, and decentralized governance. The paper highlights the implications of this shift and its potential to reshape the global economic landscape.

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