December 2023

Are Smart Contracts allowed in Islam?  (The Digital Economy: Case Study 2 – Part 3/4)

Are Smart Contracts allowed in Islam?  (The Digital Economy: Case Study 2 – Part 3/4) Write your view in the comments below: “Allowed” or “Forbidden”.  Then read till the end for the answer. A Smart Contract is standardized and automatically executed and recorded when the predefined input parameters have been successfully met.  For example, if …

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Is Blockchain allowed in Islam?  (The Digital Economy: Case Study 2 – Part 2/4)

Is Blockchain allowed in Islam?  (The Digital Economy: Case Study 2 – Part 2/4) Write your view in the comments below: “Allowed” or “Forbidden”.  Then read till the end for the answer. Let us look at some of the characteristics of a Blockchain: 1)  It is similar to the process of having the information audited …

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Is Public Distributed Ledger (PDL) allowed in Islam?  (The Digital Economy: Case Study 2 – Part 1/4)

Is Public Distributed Ledger (PDL) allowed in Islam?  (The Digital Economy: Case Study 2 – Part 1/4) Write your view in the comments below: “Allowed” or “Forbidden”.  Then read till the end for the answer. A Publicly Distributed Ledger, is a set of information (Ledger) that is made Publicly available and copies of which are …

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From a health and environmental perspective, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 3/3)

From a health and environmental perspective, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 3/3) 1. Write your view of what the Health and Environmental considerations suggest in the comments below: “Wholesale Distributor” or “City Client”.  …

From a health and environmental perspective, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 3/3) Read More »

From an Economic perspective, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 2/3)

From an Economic perspective, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 2/3) 1. Write your view of what Economics suggests in the comments below: “Wholesale Distributor” or “City Client”.  Then read till the end for …

From an Economic perspective, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 2/3) Read More »

In Islam, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 1/3)

In Islam, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 1/3) 1. Write your view of what Islam prescribes in the comments below: “Wholesale Distributor” or “City Client”.  Then read till the end for the answer. …

In Islam, should the dairy farmer sell the milk to a wholesale distributor at the farm, or directly to the clients in the city?  (Case Study 1 – Part 1/3) Read More »