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Muslim Scholars and Experts Views on Cryptocurrencies: A Systematic Literature Review

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dc.contributor.authorRoslina Othmanen_US
dc.contributor.authorMohamad Fauzan Noordinen_US
dc.contributor.authorMahfooz Ahmeden_US
dc.contributor.authorNadzrah Ahmaden_US
dc.contributor.authorSalina Kassimen_US
dc.date.accessioned2024-05-30T01:45:52Z
dc.date.available2024-05-30T01:45:52Z
dc.date.issued2023
dc.descriptionVOL. 8 NO. 1 Page (94-102)en_US
dc.description.abstractMuslim scholars and experts have given their views on issues related to the permissive and prohibitive use of cryptocurrencies. Scholars and experts’ decisions were of three categories: permitted the use of cryptocurrency; prohibited its use based on Islamic principles; and tawaqquf, yet to make their final decision on the acceptance or otherwise. The main objective of this study was to systematically examine and organize the various studies and research that explored known common ideasamong Muslim scholars and experts on issues related to the use of cryptocurrency in Muslim communities. This study adopted the PRISMA guideline of reporting a systematic literature review, where it identified and explored available literature in Scopus, Emerald Insight, and Google Scholar, related to Muslim scholars' and experts’ decisions on the use of cryptocurrency. With the increasing use of cryptocurrency globally, the topic has also rapidly grown among Muslim scholars and experts, which has created aneed for a real conclusion and justification for the people to hold on to. The systematic literature review revealed that the Muslim scholars and experts’ views on cryptocurrencies can be sub-categorized further: permitted its use (requirements compliant, regulations, justified reasons, wide acceptance, and gold-backed), prohibited its use (speculative nature, restrictions by authorities, fewer benefits, and religious beliefs), and tawaqquf (potentials for improvement, PMBC, Islamic cryptocurrencies, and backed Dinar and Dirham crypto). The conceptual contribution of this study was that views expressed by Muslim scholars and experts on cryptocurrencies be categorized for public consumption and guide in understanding issues.en_US
dc.identifier.citationOthman, R., Noordin, M. F., Ahmed, M., Ahmad, N., & Kassim, S. (2023). Muslim Scholars and Experts Views on Cryptocurrencies: A Systematic Literature Review: Pandangan Sarjana dan Pakar Muslim tentang Matawang Kripto: Satu Kajian Literatur Sistematik. Sains Insani, 8(1), 94-102. Retrieved from https://sainsinsani.usim.edu.my/index.php/sainsinsani/article/view/455en_US
dc.identifier.doi10.33102/jsi
dc.identifier.epage102
dc.identifier.issn0127-7871
dc.identifier.issue1
dc.identifier.spage94
dc.identifier.urihttps://sainsinsani.usim.edu.my/index.php/sainsinsani/article/view/455/289
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/15260
dc.identifier.volume8
dc.language.isoen_USen_US
dc.publisherUSIM Pressen_US
dc.relation.ispartofJurnal Sains Insanien_US
dc.subjectMuslim Scholarsand Experts, Muslim communities,Cryptocurrencies, Literature Review, PRISMAen_US
dc.titleMuslim Scholars and Experts Views on Cryptocurrencies: A Systematic Literature Reviewen_US
dc.title.alternativePandangan Sarjana dan Pakar Muslim tentang Matawang Kripto: Satu Kajian Literatur Sistematiken_US
dc.typeArticleen_US
dspace.entity.typePublication

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