“What is Shariah ruling on NFT ownership?” – a question that we get more than often. In order to provide the most comprehensive and accurate answer, we have asked our Shariah advisor to provide an answer for us. In the following, Shariah advisor Dr. Amjad Bangash provides the Shariah ruling on NFT ownership. Things You …
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Crypto assets have been a hot topic in the Shariah perspective lately due to the hype of cryptocurrencies and NFTs. Crypto assets, also known as digital assets or virtual assets, are digital representations of value that are cryptographically secured on a blockchain platform. In short, we call them crypto. An asset is anything that serves …
Crypto Assets from Shariah Perspective: Shariah Scholars Opinion on Cryptocurrency Read More »
“What is Web3?” – one of the common questions as we observe more and more people started to be interested in digital assets such as cryptocurrencies or NFTs. What is Web3 Web3 refers to the internet’s next version, which will focus on decentralization and user ownership. It can be more beneficial to review current and …
You need to consider the advantages and disadvantages before investing your hard-earned money in digital art or NFT. When you invest in NFT, you are investing, just like when you buy any other piece of art. After all, whether the work is physical or digital, there is a substantial secondary market. So in the following …
The NFTs have become a trending topic in 2021. It was expanding at a rapid pace, with over $2 billion spent on non-fungible tokens in the first three months of 2021 alone. Everyone, from world-renowned singers, movie stars and public figures, is investing in digital assets and proudly showing them on social media, resulting in …
Integration of Fintech-based solutions with Islamic finance has attracted the attention of a variety of stakeholders, including academia, professionals, investors, and customers. Musaffa is also one of the brightest representatives of the developed Islamic Fintech world. In today’s article, we will discuss what Islamic Fintech is and its differences with conventional counterpart. What is Fintech? …
We have recently released the Premium plan of Musaffa screener, created after months of dedicated screening and analysis of 10,000+ stocks. Now, our users can have full access to all our services by signing up for our Premium plan, and we help you with any stock screening search. This article will introduce all the amazing …
You might already be familiar with stock trading, but cryptocurrency trading is becoming increasingly popular for investors and traders. How does crypto trading differ from stock trading? Today, we will look at 3 core differences between stock trading and cryptocurrency trading: 1- Assets Firstly, the assets that you trade are different in stock and crypto …
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What Is an Initial Coin Offering (ICO) ICO stands for “Initial Coin Offering,” and refers to the capital raising activity in cryptocurrency and blockchain environment. ICO is an alternative for initial public offering (IPO) in the cryptocurrency industry. Interested investors can purchase a new cryptocurrency token created by the company in exchange for their investment. …
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Said, blockchain technology is a decentralized, distributed ledger that tracks the provenance of digital assets. The data on a blockchain can’t be changed by design, making it a real disruptor in industries like payments, cybersecurity, and healthcare. We will briefly talk about what is blockchain and how it works in the following. What is blockchain? Blockchain …
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