59. Bitcoin: The Most Islamic Form of Money? with Harris Irfan

05/27/21 • 83 min

In today’s episode Saifedean talks to former investment banker and author of Heaven’s Bankers, Harris Irfan. They discuss Harris’ decades of experiences in Islamic finance and what sparked his interest in bitcoin as a Muslim. Harris explains why bitcoin might be the most sharia-compatible money, why the decentralized nature of bitcoin should be appealing to Muslims, and what Islamic scholars get wrong about bitcoin. We then discuss whether a hard free market money like bitcoin would make finance more equity-based than debt-based.

Links:

Harris’ book Heaven’s Bankers: https://amzn.to/3wtxRVz
Harris’ personal blog: https://islamicmarkets.com/pages/heavens-bankers
Harris’ 2019 article, Cryptocurrency and the Future of the Islamic Economy: https://islamicmarkets.com/articles/cryptocurrency-and-the-future-of-the-islamic-economy-1

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05/27/21 • 83 min

The Bitcoin Standard Podcast - 59. Bitcoin: The Most Islamic Form of Money? with Harris Irfan

Transcript

[00:03:39] Saifedean Ammous: Hello, and welcome to another episode of the Bitcoin standard podcast seminar and today's seminar. We're hosting Harris Irfan, the author of "Heaven's Bankers", a book on Islamic finance, and we are going to be discussing Bitcoin and Islamic finance. Harris has also written a paper on his perspective as a Muslim and as a Bitcoiner on the connection between Bitcoin and Islamic finance.

And I find this topic to be very fascinating and a very in

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