Abstract
This chapter pursues the efforts of emphasizing the importance of national and supranational issuance of social cryptocurrencies for social projects for the benefit of the country. After setting up the definitions required for the study, the chapter connects the United Nations (UN) 2030 Sustainable Development Goals (SDGs) with the social finance objective needed at a national level. The chapter gives with the figures the potentiality of establishing a digital finance strategy in achieving the social objectives and in particular the SDGs. Besides, it concludes by giving the focal two specific potential constraints in issuing the cryptocurrency. The first is the regulator perspective where here the regulator will be regulating and issuing a new national “cryptocurrency” along with its own “physical” currency. The second point of view that concluded the chapter is the Shari’ah perspective where different conditions were identified to make sure of the compliance of the new issuance.
Keywords
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- 1.
Manyika et al. (2016).
- 2.
CPMI (2015).
- 3.
Bech and Garratt (2017).
- 4.
Siegel (2017).
- 5.
Ali et al. (2014, p. 279).
- 6.
Ali et al. (2014, p. 279).
- 7.
Manyika et al. (2016).
- 8.
Manyika et al. (2016).
- 9.
Manyika et al. (2016).
- 10.
Manyika et al. (2016).
- 11.
“CleanWaterCoin (WATER) Price, Charts, Market Cap, and Other Metrics | CoinMarketCap,” n.d.; “Clean Water Coin | Cryptocurrency Altcoin | A Crypto Charity,” n.d.
- 12.
“CleanWaterCoin (WATER) Price, Charts, Market Cap, and Other Metrics | CoinMarketCap,” n.d.; “Clean Water Coin | Cryptocurrency Altcoin | A Crypto Charity,” n.d.
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König (2015).
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Enric Duran Giralt also known as Robin Banks or the Robin Hood of the Banks is a Catalan anti-capitalist activist (“Nace Fair.coop, la cooperativa que combate el capitalismo desde dentro,” n.d.).
- 15.
BIS Bank for International Settlements (2018).
- 16.
Tobin (1985).
- 17.
BIS Bank for International Settlements (2018).
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Bedoui, H.e., Robbana, A. (2019). Islamic Social Financing Through Cryptocurrency. In: Billah, M. (eds) Halal Cryptocurrency Management. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-10749-9_16
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DOI: https://doi.org/10.1007/978-3-030-10749-9_16
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