Global Feed Post Login
Replying to Avatar Suppress

different scholars have different requirements for a sharia compliant currency. im not a taymi but here are ibn tayymiyyahs requirements:

functions as a medium of exchange (i.e. people accept it in exchange for goods and services)

not exposed to debasement or manipulation (government policies, counterfeiting, trimming)

does not serve as a commodity in and of itself (meaning its value is not realized until it is exchanged for something else)

Most currencies you can think of are probably halal (unless they are riba backed). but the buck doesnt stop with 'halal'

we still have to consider and choose the best currency for our situation. many shitcoins are probably halal, but you can still warn against halal things. its halal to drink coffee right before bed, doesnt mean i cant tell people that its a terrible idea

Avatar
Thayr 1d ago

What were ibn taymiyyah's evidences from Qur'an and the Prophet pbuh? As in how did he get to these specific points? If you can point me toward them so i can read up I'd be grateful.

Reply to this note

Please Login to reply.

Discussion

Avatar
Suppress 1d ago

if you want to know read the book.

Avatar
Thayr 19h ago

What book you didn't talk about any book?

Avatar
Suppress 13h ago

https://letmegooglethat.com/?q=ibn+taymiyyah+economics+book

Thread collapsed
Thread collapsed
Thread collapsed