Review, Reflect, Respond and Rebuild the Islamic Economy along with IBF Thought Leaders.
Create a forum or participate in an existing one on cutting-edge topics in IBF.

Forum Forum Blockchain & Islamic Economy Moral and ethical foundations of BC and IE

  • Moral and ethical foundations of BC and IE

    Posted by Deleted User on September 20, 2021 at 8:06 am

    In this blog post “Blockchains through the Lens of Islamic Economics” the author asserts that “the conceptual foundations of blockchain technology have a strong ethical dimension. It is usually associated with terms, such as, transparency, verifiability, traceability, immutability, all of which are bracketed with economically and socially ethical behavior. It is trust-inducing and involves consensus-building, that further underline its ethical roots. And its emergence in recent years is a response to the failure of many traditional institutions that are supposed to guard against fraud and unethical behavior. As such, it has strong merits when seen through the lens of Islamic economics, a discipline rooted in ethics and morality.”

    Are you familiar with available literature on the this subject? You are invited to comment on the various examples in the blog to underline the common foundations of blockchain and Islamic economics.

    Agung replied 1 year, 4 months ago 3 Members · 2 Replies
  • 2 Replies
  • Ayatullah Muhammad

    February 13, 2022 at 6:11 am

    These are beautiful points worthy of expanding upon inshaAllah.

  • Agung

    November 23, 2022 at 8:38 am

    good explanation of islamic block chain

    • This reply was modified 1 year, 4 months ago by  chilmy.
Reply to: Deleted User
Your information:

Start of Discussion
0 of 0 replies June 2018