A California Court of Appeals refused to apply Iranian law in a case involving a plaintiff whose work in Iran exposed him to high levels of asbestos, reasoning that Iranian law reflects religious ideology instead of economic interest. The All India Muslim Personal Law Board issued a statement urging Muslims in India to adhere to Islamic … Continue reading Islamic Law in the News Roundup
By Irene K. F. Kirchner (Georgetown University) This essay is part of the Islamic Law Blog’s Roundtable on Islamic Legal History & Historiography, edited by Intisar Rabb (Editor-in-Chief) and Mariam Sheibani (Lead Blog Editor), and introduced with a list of further readings in the short post by Intisar Rabb: “Methods and Meaning in Islamic Law: … Continue reading Measuring interpretive authority: a methodological reflection
Datuk Dr. Mohd Daud Bakar, current chairman of the Malaysian Central Bank’s Shariah Advisory Council, declared that it is permissible for Muslims to trade and invest in cryptocurrencies.
Last month, Amanie Advisors, a sharīʿa advisory firm specializing in Islamic finance, published a white paper discussing the permissibility of Ethereum according to Islamic Law. Ethereum, an open source, public, blockchain-based distributed computing platform, is powered by the currency Ether (ETH), a “utility token.” The Muslim scholars and financial advisors who collaborated on the white … Continue reading In the News: Ethereum Deemed Sharīʿa-Compliant
Last month, a representative of the Malaysian Industry-Government Group for High Technology—a public-private taskforce overseen by the prime minister to examine ways of using new technology to promote business opportunities—suggested that Islamic banks could reduce legal and administrative costs by using "blockchain." Blockchain is a type of electronic ledger, and according to the representative, blockchain … Continue reading In the News: Islamic Banks and FinTech