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Home / Vol. 4, No. 2 (2026) / Exploring the Use of Crypto currency in Light of Shari’ah Compliance
Islamic Studies Diamond Open Access (CC BY 4.0) Google Scholar Indexed pp. 41–59

Exploring the Use of Crypto currency in Light of Shari’ah Compliance

Assoc. Professor abubakar abdulkadir & Aminu Salisu
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Abstract

The rapid emergence and adoption of crypto currency as a digital financial
instrument has sparked significant debate among scholars, particularly
within the context of Islamic finance. This paper provides an overview of the
usage of crypto currency through the lens of Shari‘ah principles, examining
its permissibility and alignment with core Islamic legal and ethical
frameworks. This paper aims to analyze the currency in the Shari’ah
because the protection of wealth is one of the objectives of Shari’ah, most
important aspect related to crypto currency as well the divergent opinions
surrounding the legitimacy and otherwise of transacting with crypto
currency through the existing literatures and the fatawa of the Islamic
scholars. It explored and as well shade light on the nature, advent, categories
and peculiarities of the crypto currency. The findings of the study would
benefit the Muslim investors and users of the crypto currency as well the
Islamic banking and finance sector to either accept or reject it. The paper
recommends that there is need for the Islamic institutions and scholars to
come up with unanimous position on the crypto currency transactions basing
their position on an in-depth analysis of Sharia injunctions over the subject
matter.

Keywords: Crypto currency, Usage and Shari’ah

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APA 7th Edition

Salisu, A. P. A. A. &. A. (2026). Exploring the Use of Crypto currency in Light of Shari’ah Compliance. Rumfa Journal of Arts, Vol. 4(No. 2), 41–59. https://doi.org/10.5281/rumfa.2026.3973

MLA 9th Edition

Assoc. Professor abubakar abdulkadir & Aminu Salisu. "Exploring the Use of Crypto currency in Light of Shari’ah Compliance." Rumfa Journal of Arts, vol. Vol. 4, no. No. 2, 2026, pp. 41–59, https://doi.org/10.5281/rumfa.2026.3973

Chicago 17th Edition

Assoc. Professor abubakar abdulkadir & Aminu Salisu. "Exploring the Use of Crypto currency in Light of Shari’ah Compliance." Rumfa Journal of Arts Vol. 4, no. No. 2 (2026): 41–59. https://doi.org/10.5281/rumfa.2026.3973

Harvard Reference Format

Salisu, A. P. A. A. &. A. 2026, 'Exploring the Use of Crypto currency in Light of Shari’ah Compliance', Rumfa Journal of Arts, vol. Vol. 4, no. No. 2, pp. 41–59, available at:

IEEE Format

Assoc. Professor abubakar abdulkadir & Aminu Salisu, "Exploring the Use of Crypto currency in Light of Shari’ah Compliance," Rumfa Journal of Arts, vol. Vol. 4, no. No. 2, pp. 41–59, 2026, doi: 10.5281/rumfa.2026.3973

BibTeX Export 
@article{assoc2026Explorin,
  title={{Exploring the Use of Crypto currency in Light of Shari’ah Compliance}},
  author={{Assoc. Professor abubakar abdulkadir & Aminu Salisu}},
  journal={{Rumfa Journal of Arts}},
  volume={{Vol. 4}},
  number={{No. 2}},
  pages={{41–59}},
  year={{2026}},
  publisher={{Department of Arts and Humanities, School of Continuing Education, Bayero University, Kano}},
  doi={{10.5281/rumfa.2026.3973}}
}
RIS (EndNote / Mendeley / Zotero) 
TY  - JOUR
AU  - Assoc. Professor abubakar abdulkadir & Aminu Salisu
TI  - Exploring the Use of Crypto currency in Light of Shari’ah Compliance
JO  - Rumfa Journal of Arts
VL  - Vol. 4
IS  - No. 2
SP  - 41
EP  - 59
PY  - 2026
DO  - 10.5281/rumfa.2026.3973
ER  -