Ibrahim Abu SammyinJamaaThe Problem of Ihtikar (Hoarding) in CryptocurrencyMost fatwa against cryptocurrency center around the concept of gharar, which is sometimes translated as “uncertainty” or “speculation.” The…11 min read·Jan 13, 2022--1--1
Ibrahim Abu SammyinJamaaReviving the Gold Dinar as a Unit of Account with a Land-backed Stablecoin WaqfTL;DR: Instead of being pegged to fiat currency, a stable coin could be pegged to the Islamic gold dinar and backed by a series of land…17 min read·May 12, 2021--1--1
Ibrahim Abu SammyReviving the Gold Dinar as a Unit of Account with a Land-backed Stablecoin WaqfTL;DR: Instead of being pegged to fiat currency, a stable coin could be pegged to the Islamic gold dinar and backed by a series of land…17 min read·May 12, 2021----
Ibrahim Abu SammyinJamaaHow Big is the Global Microfinance Market?This is an extremely hard question to answer, because while in many countries what would be called “microenterprises” make up the majority…5 min read·Aug 28, 2019----
Ibrahim Abu SammyinJamaaTokenizing Assets in Light of HadithOne of the first objections that comes up when examining the resistance to cryptocurrency among the Muslim community relates to one of the…6 min read·May 7, 2019----
Ibrahim Abu SammyinJamaaDecentralizing (and de-Automating) Sybil DetectionThe story goes that a woman, given the pseudonym“Sybil”, had 16 different personalities living in one head. Her story gave rise to the…5 min read·Jan 5, 2019----
Ibrahim Abu SammyinJamaaWhat is Social Profit Sharing?Argentina’s economy collapsed in 2001. This was one of a string of events that have led to higher than average adoption of Bitcoin in…7 min read·Dec 15, 2018----
Ibrahim Abu SammyinJamaaWhy is Jamaa based on Stellar?Most of the hype surrounding blockchain apps has centered around Ethereum, and with good reason. The amount of support for developing on…5 min read·Nov 29, 2018----
Ibrahim Abu SammyinJamaaConsiderations Muslim Software and App DevelopersIt’s important if we are going to implement any kind of use of internet technology as Muslims, that we consider the effect that this is…5 min read·Aug 13, 2018--2--2
Ibrahim Abu SammyinJamaaMind, Body, and Soul: The 3 Components of a Quality CryptocurrencyThe true foundation of a successful cryptocurrency must first and foremost be philosophical. Secondly, it must have a sound economic model…8 min read·Jul 30, 2018----