Islamic finance is built around principles emphasizing honesty, fairness, and accountability in transactions, seeking justice and shared prosperity in economic systems.
Bitcoin aligns remarkably with Islamic finance principles due to its decentralization, transparency, and scarcity, offering transformative potential for the Muslim world.
The prohibition of Riba ensures that interest-based lending is avoided, as it leads to exploitation and wealth concentration, counter to Islamic values.
Risk sharing and asset-backed transactions are essential in Islamic finance, emphasizing partnerships where both profit and loss are equitably shared.
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