Reconciling Islamic Finance, Microcredit, and Bitcoin

  • charging interest
  • risky, speculative transactions (e.g., paying for an unbuilt house)
  • participating in businesses against Islamic law (gambling, alcohol, pork)


Alternative Investment

Can Muslims use digital currency?

Is Bitcoin actually accepted in Islamic countries?

Isn’t Bitcoin speculative and involved in un-Islamic businesses?

2018 Update: Gold-Backed Cryptocurrencies

Smart Contracts and Islamic Finance

What about Bitcoin and ISIL ?


2020 Update! I made an eBook:

 by the author.




Web->ML developer and mapmaker.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

King Speed welcomes Kyros Ventures as our strategic partner

How to get started with Baldr

Trader Joe’s Bulletin Board — 17t

Kollect — Why Collect Matters to Kollect

Banning Bitcoin Will Not Reinforce Fiat Currencies Economic Persona

Gold Poker is an open source crypto currency based on PIVX so it inherited its core technologies…

Holiday Guide: Gifts For The Bitcoiners

Introduction to DeFi

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Nick Doiron

Nick Doiron

Web->ML developer and mapmaker.

More from Medium

The Digital Euro and Why Stable Coins Matter

Stranger Than Fiction: $4.5 Billion in Bitcoin and the Millennial Bonnie and Clyde

ItchySats now long and short!

Decentralization: A philosophy