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Islamic Law Acceptance of Cryptos will Take Time and Awareness, says Finance Expert in Malaysia
Summary: According to an expert on Islamic finance in Malaysia, it will take some time and building awareness to get the acceptance of Islamic Law on the matter of cryptos. Suhaida Mahpot, CEO of Islamic Law advisory firm Amanie Advisors, states that the suspicions many Islamic countries have towards cryptos are not dismissals of the currency, rather its hesitancy and ...
According to an expert on Islamic finance in Malaysia, it will take some time and building awareness to get the acceptance of Islamic Law on the matter of cryptos. Suhaida Mahpot, CEO of Islamic Law advisory firm Amanie Advisors, states that the suspicions many Islamic countries have towards cryptos are not dismissals of the currency, rather its hesitancy and the need for more information and education on the mater. Mahpot stated that "We need to educate institutions more about how digital currencies can be accepted, and how the transparency from using cryptocurrency would benefit the wider society. Perhaps, this mindset will change over time.”
Author: Sofia Cabrera
Tags: Amanie Advisors,cryptos,Islamic Law,Suhaida Mahpot
Link: Islamic Law Acceptance of Cryptos will Take Time and Awareness, says Finance Expert in Malaysia [Copy]
