Monday, April 11, 2022

NFTs and Shariah Compliant

Here is an article on the NFTs from Shariah perspective. Eye-opening fiqh rulings on NFTs.

Excerpt:

"The concept of fungibles and non-fungibles has been addressed at length by the Islamic jurists and schools of Islamic law. In summary, fungibles are called Mithliyyat in Fiqh, whilst non-fungibles are called Qimiyyat."









Image credit - Joe Bradford

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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.