Tag: cryptocurrency

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Decoding digital assets through Malaysia’s Syariah lens

Malaysia’s embrace of cryptocurrency resonates harmoniously with the principles of ‘maslahah’ and ‘ijtihad’ within the Maqasid Syariah. The government’s acknowledgment of the potential economic and societal benefits is bolstered by a regulatory framework ensuring adherence to Syariah law, write Associate Professor Dr Ashurov Sharofiddin and Dr Mohd Zaidi Md Zabri.