The Islamic Case for Bitcoin

By: Harris Irfan   Source: What Is Money? Aug 28, 2024 No Comments


Welcome to Islamic Case for Bitcoin by Harris Irfan, a compelling exploration of Bitcoin through the lens of Islamic finance and Sharia compliance. This video offers a deep dive into the intersection of faith and finance, examining how Bitcoin aligns with Islamic principles.

The discussion begins with Robert Breedlove’s insightful introduction to the nature of money, setting the stage for Harris Irfan, a renowned expert in Islamic finance, to share his journey into the world of Bitcoin. As Harris delves into the principles of Sharia compliance, he provides a thorough examination of how these principles apply to modern financial systems and Bitcoin.

You'll learn about the origins of Islamic banking and how faith-based thinking influences economic decisions, and explore the concepts of private versus public property. The video also addresses how Bitcoin can potentially resolve existing financial incentives, making it a revolutionary force within Islamic finance.

Throughout the discussion, Harris Irfan answers crucial questions, such as whether Bitcoin is Sharia-compliant, and makes a case for why it may be the most Islamic form of money available today. By drawing connections between Bitcoin and faith, he presents a unique perspective on the spiritual implications of this digital currency.

Stay tuned as we also touch on relevant topics like biohacking, the upcoming Bitcoin 2024 conference, and where you can follow Harris Irfan’s future insights. Whether you’re new to Bitcoin or deeply versed in Islamic finance, this video offers valuable perspectives that challenge conventional thinking.

0:00 - What is Money? (WIM) Intro by Robert Breedlove

3:35 - Introducing Harris Irfan

11:22 - Harris’ Introduction to Bitcoin

15:30 - What is Sharia Compliance?

28:03 - The Farm at Okefenokee

31:27 - Origins of Islamic Banking

43:40 - Faith-based Thinking in Economics

49:53 - Private vs Public Property

57:52 - How Bitcoin Fixes Incentives in Finance

01:02:24 - Bitcoin 2024: The Largest Bitcoin and Fintech Conference in the World

01:03:29 - Anthony DiClementi’s Biohacking Secrets

01:05:00 - Is Bitcoin Sharia Compliant?

01:12:09 - Generational Gap in Bitcoin

01:17:15 - Why Bitcoin is the Most Islamic Form of Money

01:23:19 - Connection between Bitcoin and Faith

01:30:17 - Where to Find Harris Irfan

Harris Irfan is Managing Director of Cordoba Capital, a London-based Islamic finance advisory firm. With over two decades of experience in investment banking in London and the Middle East, he co-founded Deutsche Bank’s leading Islamic finance team and served as global head of Islamic finance at Barclays. He is the author of the acclaimed book Heaven’s Bankers: Inside the Hidden World of Islamic Finance and frequently appears in major media outlets. Harris holds a degree in Physics from the University of Oxford.

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