Investigation on opportunities and threats of financial exchanges based on cryptocurrencies emphasizing on resistance economy
Document Type : Research Paper
Authors
1 Ph.D. student of Jurisprudence & Law, Islamic Azad University of Mahalat, Mahalat, Iran.
2 Assistant Prof. in Jurisprudence & Law, Azad University of Mahallat, Iran.
Abstract
The economic sanction against specific country like Iran causes to find a way to compensate its effect. But recommended solution should fallow the country culture. One of them is using of cryptocurrency. Therefore, understanding the complexities and similarities of cryptocurrencies, To explaining the position of this emerging phenomenon, also provides the basis for using their capacities and opportunities. The study using "contextual theory" approach. The designed conceptual model and in order to achieve a deep understanding of the current situation, a number of experts and officials in the related fields of Islamic economy interviewed. The findings indicated that the financial and economic need Diversification of financial exchanges, elimination of deficiencies and the need to compensate needs are known as the most important environmental and social factors. According to the opinions presented, taking advantage of new capacities, creating a field for participation and developing activities based on Islamic economy, moving jurisprudence towards new issues, circumventing and defeating sanctions, helping to cultivate talents and capacities, eliminating the need for bank usury systems, paying attention to the aspect government jurisprudence, including rules like loss and waste, from the positive and unknown consequences of the rules and regulations of activity in the cryptocurrency market, religious concepts, the possibility of money laundering, creating a platform for international public supervision over the country's economic elements, neglecting the goals of the Islamic economy, unfair distribution of wealth, lack of Adherence to Shariah laws and regulations has been introduced as one of the negative consequences of using cryptocurrencies.
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