Role Of Islamic Finance In The Face Of The Digital Currency Revolution

Amal Essam AbdulKareem; Hasnaa Attia Hamed Mohamed; Karima Hassan Mohamed Soliman; Mona Aboul Atta Halim; Walaa Magdy Esmeil Rezk; Chayma Mostapha Kraiem

doi:10.17051/ilkonline.2021.06.179

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EEO. 2021; 20(6): 1880-1890

doi: 10.17051/ilkonline.2021.06.179

Role Of Islamic Finance In The Face Of The Digital Currency Revolution

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem.

Abstract
For the past few years, there has been a significant increase in peoples interest in digital currencies. Councils and conferences have been organized to bat the nature and feasibility of digital currencies. Some argue that it's good to have the liberty to the current directive deep pocket system in which the predominant part is played by banks while the digital currency doesn't necessitate any bank account, imposition payment and auditing. Some others dissent with these arguments and claim that any mode of payment other than traditionally known instruments parallel as cash payment, TT, cheques etc. will open the door to avoid impost and auditing, which in turn will make serious trouble to government budget and the overall falloff in GDP. This probation uses theoretical, descriptive, and sound systems of probation and so focuses ondefining the place of digital currency in the fiscal system by determining the extent of its influence, reviewing the literatureon the motif, comparing the characteristics of paper have and crypto currencies (using the bitcoins as a prototype), Unveiling the Shariah Perspective of Digital currency and the reality of digital currency trading in Islamic countries.

Key words: Digital Currency, Digital Finance, ShariasView, Bitcoin, Islamic Banking, Finance and Blockchain Management Systems.

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Pubmed Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. Role Of Islamic Finance In The Face Of The Digital Currency Revolution. EEO. 2021; 20(6): 1880-1890. doi:10.17051/ilkonline.2021.06.179

Web Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. Role Of Islamic Finance In The Face Of The Digital Currency Revolution. https://ilkogretim-online.org/?mno=32524 [Access: September 07, 2023]. doi:10.17051/ilkonline.2021.06.179

AMA (American Medical Association) Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. Role Of Islamic Finance In The Face Of The Digital Currency Revolution. EEO. 2021; 20(6): 1880-1890. doi:10.17051/ilkonline.2021.06.179

Vancouver/ICMJE Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. Role Of Islamic Finance In The Face Of The Digital Currency Revolution. EEO. (2021), [cited September 07, 2023]; 20(6): 1880-1890. doi:10.17051/ilkonline.2021.06.179

Harvard Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem (2021) Role Of Islamic Finance In The Face Of The Digital Currency Revolution. EEO, 20 (6), 1880-1890. doi:10.17051/ilkonline.2021.06.179

Turabian Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. 2021. Role Of Islamic Finance In The Face Of The Digital Currency Revolution. Elementary Education Online, 20 (6), 1880-1890. doi:10.17051/ilkonline.2021.06.179

Chicago Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. "Role Of Islamic Finance In The Face Of The Digital Currency Revolution." Elementary Education Online 20 (2021), 1880-1890. doi:10.17051/ilkonline.2021.06.179

MLA (The Modern Language Association) Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem. "Role Of Islamic Finance In The Face Of The Digital Currency Revolution." Elementary Education Online 20.6 (2021), 1880-1890. Print. doi:10.17051/ilkonline.2021.06.179

APA (American Psychological Association) Style

Amal Essam AbdulKareem, Hasnaa Attia Hamed Mohamed, Karima Hassan Mohamed Soliman, Mona Aboul Atta Halim, Walaa Magdy Esmeil Rezk, Chayma Mostapha Kraiem (2021) Role Of Islamic Finance In The Face Of The Digital Currency Revolution. Elementary Education Online, 20 (6), 1880-1890. doi:10.17051/ilkonline.2021.06.179

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