The discussion of the sharia-compliancy of cryptocurrencies is shaped by the competing interests of legislators, the business and banking sector, private investors and, finally, religious scholars whose conclusions are diverse and often contradictory. This essay provides an overview of historical and modern Islamic conceptions of commodities and property, money, and contract of sale laws, and how they relate to cryptocurrencies such as Bitcoin. In doing so, I respond to the most frequent concerns of Muslim scholars: the volatility and speculative nature of cryptocurrencies, security issues and, most commonly, the claim that cryptocurrencies are not ḥalāl because they have no intrinsic value. Finally, I show the consequences of different lines of argument for the sharia compliancy of cryptocurrencies in a case study of four cryptocurrencies: Bitcoin, OneGramCoin, Steemit and Nexo.

立法者，商业和银行部门，私人投资者以及最后是宗教学者的竞争利益共同影响着对加密货币的伊斯兰教法合规性的讨论，他们的结论是多种多样的，并且常常是矛盾的。本文概述了历史和现代伊斯兰概念中的商品，财产，货币和销售合同法，以及它们与诸如比特币之类的加密货币的关系。在此过程中，我回应了穆斯林学者最关注的问题：加密货币的波动性和投机性，安全性问题，以及最常见的说法，即加密货币不是“ alālal”因为它们没有内在价值。最后，在对以下四种加密货币的案例研究中，我展示了不同论点对加密货币的伊斯兰教法顺从性的影响：比特币，OneGramCoin，Steemit和Nexo。