Decentralization of Islamic Finance

Blockchain And Islamic Banking Are Working Together, And Everyone Stands To Benefit

Different Islamic scholars can have differing judgments on what is compatible with Islamic law, with some schools rejecting cryptocurrency while many others have approved. In fact, blockchain and cryptocurrency can bring many benefits to Islamic banking, and vice versa. Their recent collaboration has led to the creation of new markets and new jobs. Investors of all kinds can benefit, through the right approach (Coindesk, 2017).

Blockchain and Islamic Finance

Rebuilding confidence in the financial system that has lost it. Some technicians imagine this world without intermediaries, while others imagine You want a faster and more efficient way of transactions. (Biancone, 2018)

“Either way, the challenge come from accountability, and entrench that sense of accountability at home New systems being built, based on risk and profit sharing that lays down the nature of our economies, including the participatory economy under-utilised assets”

-Mohammed and Ali, 2018

Qintar Use Case

The Dubai Blockchain Strategy, is a result of a collaboration between the Smart Dubai Office and the Dubai Future Foundation to continually explore and evaluate the latest technology innovations that demonstrate an opportunity to deliver more seamless, safe, efficient, and impactful city experiences. The strategy will help Dubai achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, to create the future of Dubai, and make Dubai the happiest city on earth.


Biancone, P., Maha Radwan. (2018). An Islamic Finance Perspective. Social Finance and Financing Social Enterprises.

Coindesk. (2017). Do Islamic banks contribute to growth of the economy?.

Mohammed and Ali. ( 2018). Journal of Performance accountability and combating corruption.

Petratos, P. (2020). A Literature Review and the Case of Dubai and UAE. Blockchain Technology, Sustainability and Business.



☪️ First Islamic Finance DeFi Dapp Protocol مطابق لأحكام الشريعة الإسلامية

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Qintar Crosschain

☪️ First Islamic Finance DeFi Dapp Protocol مطابق لأحكام الشريعة الإسلامية