Blockchain and Its Applications on Islamic Finance
()
About this ebook
Read more from Hussein Elasrag
Principles of Islamic Finance Rating: 0 out of 5 stars0 ratingsUnderstanding Islamic Finance Rating: 0 out of 5 stars0 ratingsPrinciples of Islamic Finance: New Issues and Steps Forward Rating: 0 out of 5 stars0 ratingsCorporate Governance in Islamic Financial Institutions Rating: 0 out of 5 stars0 ratingsHalal Industry: Key Challenges and Opportunities Rating: 5 out of 5 stars5/5A New Role for the Institution of Waqf Rating: 0 out of 5 stars0 ratingsCompetitiveness of SME`s in the Arab Countries Rating: 0 out of 5 stars0 ratingsIslamic Finance for SMEs Rating: 0 out of 5 stars0 ratingsHalal Industry: Challenges and Opportunities Rating: 0 out of 5 stars0 ratingsIslamic Finance: New Issues and Steps Forward Rating: 0 out of 5 stars0 ratingsApplying Blockchain in Islamic Finance Rating: 0 out of 5 stars0 ratings
Related to Blockchain and Its Applications on Islamic Finance
Related ebooks
Blockchain and the Digital Economy: The Socio-Economic Impact of Blockchain Technology Rating: 0 out of 5 stars0 ratingsApplying blockchain on Islamic Financing for SMEs Rating: 0 out of 5 stars0 ratingsBlockchain: Everything You Need to Know About Blockchain Technology and How It Works Rating: 0 out of 5 stars0 ratingsFinancial Services Revolution: How Blockchain is Transforming Money, Markets, and Banking Rating: 5 out of 5 stars5/5The Future Of Cryptocurrencies & Bitcoin Rating: 0 out of 5 stars0 ratingsBlockchain Technologies Rating: 0 out of 5 stars0 ratingsBlockchain: Step By Step Guide To Understanding The Blockchain Revolution And The Technology Behind It Rating: 5 out of 5 stars5/5Blockchain For Business Rating: 0 out of 5 stars0 ratingsBlockchain: Real-World Applications And Understanding Rating: 4 out of 5 stars4/5Cryptocurrency Investment Handbook: How to Benefit from the Next Big Technology after the Internet Rating: 5 out of 5 stars5/5Cryptocurrency & Blockchain: 2 Manuscripts - Understanding Cryptocurrency & Understanding Blockchain Rating: 0 out of 5 stars0 ratingsEthereum: An Essential Beginner’s Guide to Ethereum Investing, Mining and Smart Contracts Rating: 0 out of 5 stars0 ratingsEthereum: Your Guide To Understanding Ethereum, Blockchain,and Cryptocurrency: Ethereum Rating: 5 out of 5 stars5/5An In-depth Overview of Cryptocurrency: WHY AND WHAT YOU NEED TO KNOW ABOUT BITCOIN, #2 Rating: 1 out of 5 stars1/5Blockchain Technology in Healthcare Rating: 0 out of 5 stars0 ratingsEconomy Monitor Guide to Smart Contracts: Blockchain Examples Rating: 0 out of 5 stars0 ratingsIslamic Finance: Issues in Sukuk and Proposals for Reform Rating: 0 out of 5 stars0 ratingsUnderstanding Shari'a Finance Rating: 0 out of 5 stars0 ratingsContracts and Deals in Islamic Finance: A User�s Guide to Cash Flows, Balance Sheets, and Capital Structures Rating: 0 out of 5 stars0 ratingsThe Foundations of Islamic Economics and Banking Rating: 0 out of 5 stars0 ratingsTheoretical Studies in Islamic Banking and Finance Rating: 5 out of 5 stars5/5Fintech: The Banks Strike Back Rating: 0 out of 5 stars0 ratingsBlockchain Business Models Second Edition Rating: 0 out of 5 stars0 ratingsBlockchain Unlocked: Business Transformation with Blockchain Technology Rating: 0 out of 5 stars0 ratingsFinTech Rising: Navigating the maze of US & EU regulations Rating: 5 out of 5 stars5/5Frequently Asked Questions in Islamic Finance Rating: 0 out of 5 stars0 ratings
Finance & Money Management For You
The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions Rating: 3 out of 5 stars3/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5The Great Reset: And the War for the World Rating: 4 out of 5 stars4/5The Richest Man in Babylon Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom Rating: 4 out of 5 stars4/5The Total Money Makeover by Dave Ramsey: Summary and Analysis Rating: 4 out of 5 stars4/5The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance Rating: 4 out of 5 stars4/5The Freedom Shortcut: How Anyone Can Generate True Passive Income Online, Escape the 9-5, and Live Anywhere Rating: 5 out of 5 stars5/5You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market P Rating: 4 out of 5 stars4/5All Your Worth: The Ultimate Lifetime Money Plan Rating: 5 out of 5 stars5/5The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom Rating: 5 out of 5 stars5/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5Family Trusts: A Guide for Beneficiaries, Trustees, Trust Protectors, and Trust Creators Rating: 5 out of 5 stars5/5Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life Rating: 4 out of 5 stars4/5The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5
Reviews for Blockchain and Its Applications on Islamic Finance
0 ratings0 reviews
Book preview
Blockchain and Its Applications on Islamic Finance - Hussein Elasrag
References:
Key Concept:
Introduction
Blockchain is an exciting new technology that may prove to be a radical innovation—similar to technologies such as the steam engine and the Internet that triggered previous industrial revolutions—with the power to disrupt existing economic and business models. It has the potential to deliver productivity gains to multiple industries, from the financial sector to energy markets, supply chains, intellectual property management, virtual firms
, the public sector, and beyond. Its ability to provide disintermediation, improve transparency, and increase auditability can significantly reduce transaction costs, introduce efficiency into existing value chains, challenge revenue models, and open new markets. And blockchain may prove particularly valuable in emerging market economies. Yet the technology is in its early stages of development and serious challenges and risks, both technical and regulatory, will need to be addressed before it achieves widespread adoption. Questions remain about blockchain’s scalability, interoperability, security, transition costs, data privacy, and governance. And business leaders and policy makers will need to think long and hard about when and under what conditions a blockchain initiative may be warranted.(International Finance Corporation, 2019)
Blockchain technology has been referred to as a new trust machine
because of its ability to allow people to interact and conduct transactions even though they may not know each other or have a pre-existing trust-based relationship . Although the technology is amassing a body of literature, few sources make sense of the technology in accessible ways, and fewer yet focus on its applicability to the public sector, such as ways it can enable collaboration within and across governments and help reduce fraud, errors, and the cost of paper-intensive processes .(Berryhill, 2018)
Islamic finance and its digital economy offer opportunities for Muslims and non-Muslims as both populations now seek a convergent solution to their pressing issues—rebuilding