Examining the Legitimacy of Cryptocurrencies from a Jurisprudential Perspective as a New Method of Contract Payment in Digital Relations

Message:
Article Type:
Research/Original Article (بدون رتبه معتبر)
Abstract:
Background and Objectives

The cryptocurrencies, including bitcoins, are the fruits of the development of information technology in the international and even domestic financial system in the last decade. Have brought with them. In the present study, From the point of view of individual jurisprudence, the cryptocurrencies are a kind of property, their transactions are not usury and arrogance, and therefore, if the transaction basis of the cryptocurrencies is correct from the religious point of view, its exchange is permissible, but if the transaction basis of the cryptocurrencies is not legitimate, Their transaction is void and forbidden.

Methods

In this study which is descriptive-analytical; we reviewed most of the governmental jurisprudence documents about cryptocurrency trading.

Findings

The result of the present study is that based on arguments such as the no-harm rule, the rule of respect and the rule of maintaining order, and the rule of action and the rule of justice, which all prevent the implementation of incorrect monetary policies and increase the problematic amount of money in the Islamic economic system.

Conclusion

It is advisable to prevent transactions in the field of currency cryptocurrency until the legal order is established by the government to control the cryptocurrency in the country's economy.

Language:
Persian
Published:
Arman Process Journal, Volume:3 Issue: 1, 2022
Page:
7
magiran.com/p2462823  
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