Islamic Economics Warns Against Crypto Currencies' Lack of Underlying Assets
The article discusses how money is viewed in Islamic economics, emphasizing that money can be used for good or bad depending on the person. It explores the evolution of money from cash to electronic forms like crypto currencies. The study uses qualitative research to analyze crypto currencies as virtual money. The findings reveal that in Islamic economics, currency should be backed by assets recognized by the government to prevent transactions without real value, while crypto currencies lack such backing and accountability.