sharia law Archives

3 min

Technology
Business
News

First ‘Sharia adhering’ currency to be introduced next month

Nathenael Gemechu
April 24, 2023

The Islamic Coin, which is currently in private sales mode, uses the Haqq Blockchain, designed to comply strictly with Islamic principles and traditions regarding finance The world’s first Sharia-compliant cryptocurrency…

2 min

Sustainability
Business
News

Masraf Al Rayan launches Qatar’s first ever green deposit

Fatemeh Salari
April 13, 2022

Last year, Qatar announced plans to minimise 25% of its carbon footprint by 2030 as part of its ‘Climate Change Action Plan.’ Masraf Al-Rayan has officially launched the country’s first…

3 min

Business
News

Islamic scholar dismisses digital currencies as forbidden

Fatemeh Salari
February 17, 2022

Cryptocurrency is becoming an increasingly popular medium of exchange. However some argue it isn’t in compliance with Sharia law. Secretary-General of the International Union of Muslim Scholars Dr Ali Al-Qaradaghi,…

sharia law

First ‘Sharia adhering’ currency to be introduced next month

Masraf Al Rayan launches Qatar’s first ever green deposit

Islamic scholar dismisses digital currencies as forbidden

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