The Blockchain Technology from Maqasid Shari'ah Perspective


  • Yusof Mahmoud Aljamos International Islamic University Malaysia (IIUM)
  • Azman Mohd Noor International Islamic University Malaysia (IIUM)
  • Mohamad Shafiq Mohd Aswadi International Islamic University Malaysia (IIUM)
  • Ahmad Syukran Baharuddin Faculty of Syariah and Law, Universiti Sains Islam Malaysia (USIM) / Academy of Islamic Civilisation, Universiti Teknologi Malaysia (UTM)



blockchain, fintech, islamic finance, maqasid shari'ah


The world has undergone a major shift in technology and blockchain is one of the current technologies that is of interest. The application of this modern technology contributes to the development of societies and helps in accomplishing many financial and non-financial transactions. Many may be worried and hesitant of this technology in terms of its reliability, sustainability and legality from Shari’ah perspective. This paper is an attempt to examine it from the perspective of Maqasid Shari’ah. This study aims to reassure and encourage institutions and countries to adopt and apply blockchain technology as well as to clarify its positive characteristics from the perspective of Maqasid Shari’ah. The method used in this paper is qualitative research. This study has clarified the perspective of Maqasid Shari’ah on blockchain technology by focusing on four key aspects i.e. facilitation, security, transparency, and anti-monopoly.


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How to Cite

Aljamos, Y. M. ., Mohd Noor, A. ., Mohd Aswadi, M. S., & Baharuddin, A. S. . (2022). The Blockchain Technology from Maqasid Shari’ah Perspective. Journal of Contemporary Maqasid Studies, 1(2), 59–82.