... Shariah resolution addressing Islamic swaps specifically, except within the context of the Tahawwut Master Agreement. This paper clarifies ambiguities regarding speculation and contract structure, proposing a maqasid-based evaluative lens for future regulatory development. Research limitations...

.... On these grounds, cryptocurrency does not qualify as money in Islam. Social implications Cryptocurrency is not compatible with Islamic principles. It is not legal tender and is not backed by any government. Its prices are highly volatile, which opens the door for speculation. Muslims should avoid investing...