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Innovative Action of Halal Cryptocurrency Management

  • Mohd Ma’Sum Billah
Chapter

Abstract

Any commercial or financial activity shall commence and duly maintain its journey with rational system through innovative culture towards achieving its true goals with sustainable existence, and a cryptocurrency is no exception. It has been undesirably observed that the contemporary cryptocurrency management moves forwards with less rationality style rather appreciating emotionality in its activities. The innovative action or element is less concern in the today’s cryptocurrency management. A Halal cryptocurrency model despite its infancy stage, its sustainable success depends on innovative culture and actions within the Maqasid al-Shari’ah, its formalities shall be within the legal requirements, ensuring efficiency in human resource, adapting acceptable system and operating with dynamic management are among the innovative culture in Halal cryptocurrency management. In this chapter, the core Shari’ah justified components of innovation in cryptocurrency is analyzed.

Keywords

Innovation Cryptocurrency Halal Shari’ah 

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohd Ma’Sum Billah
    • 1
  1. 1.Finance, Insurance, Fintech and InvestmentIslamic Economics Institute, King Abdul Aziz UniversityJeddahKingdom of Saudi Arabia

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