Title: Demystifying Crypto Currencies & Blockchain from a Shariah Perspective
Date: Tuesday, 14th of December, 2021
Time: 11.00a.m. – 1.00p.m. (GMT +3)
Type: International Executive Webinar
Duration: 2 hours
Programme Overview:
The interest towards crypto-currencies and the technology that enables it, blockchain, is continuously increasing. There have been many discourses that have discussed the feasibility and nature of cryptocurrencies and its enabler technology. The outcome has been either to support it due to its many features that are unique compared to traditional fiat money, or to go against it, as it still contains elements that are heavily unregulated and may lead to a multitude of issues in terms of loss, involvement of illegal activities, and high volatility. This webinar seeks to thoroughly explain and deliberate the cryptocurrency specifically and blockchain in general from the angle of Shari’ah and how it is affecting the Islamic finance industry. As a result of the ever-growing interest on this topic, regulators are also expected to have certain measures in place as a much-needed response.
Programme Approach:
The programme will rely on Interactive online discussions through the provision of direct engagement with the subject matter experts and sharing of country and organisational experiences. The subject experts will first present their specific areas of discourse and this will then be followed by a Q and A session involving the moderator and audience.
Agenda:
| Bahrain Time | Session |
| 11.00a.m. – 11.10a.m. | Moderator Opening Mr. Mujtaba Khalid (Head of Center for Islamic Finance – BIBF) |
| 11.10a.m. – 11.20a.m. | Opening remarks Dr. Bello Lawal Danbatta (Secretary-General – IFSB) |
| 11.20a.m. – 12.20p.m. | Main Discussion Examining cryptocurrency and blockchain from a Shariah perspective Subject Matter Expert 1: Dr. Ahmad Asad, Principal Lecturer, BIBF Subject Matter Expert 2: Dr. Shaban Burwari, Shariah Advisor, IFSB |
| 12.20p.m. – 1.00p.m. | Question & Answer session led by moderator |
