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#blockchain

5 articles tagged blockchain.

The Honest Skeptic's Companion

Answers to the Hardest Questions About GX Coin Protocol

M Azim Abdul Majeed · 2026-05-03

Zakat, Purification of Wealth, and the Crisis of Institutional Trust

Zakat is not merely a charitable act; it is a mandatory economic system ordained by Allah to purify wealth, protect human dignity, and maintain social balance. Yet across much of the Muslim world today, zakat is increasingly practised in fragmented, informal, and individualistic ways.

M Azim Abdul Majeed · 2026-01-28

Economics · 6 min

From Tally Sticks to Tokenized Ledgers: Why the Dollar Still Dominates and Where the Cracks Are Forming

Money did not begin as a spreadsheet or a blockchain. It began as memory. Strip away the romance and the dollar's primacy flows from an institutional stack: deep collateral markets, reliable settlement, and legal recourse at scale. But the story is not static.

M Azim Abdul Majeed · 2025-09-18

Islamic Finance · 4 min

The Soul of the System, Part II: The Fiqh of Money vs. The Fiqh of Assets

What is tokenomics, and why does it matter for Shariah compliance? When the 'token' is not an asset to be traded but the money itself, we must apply a different, more rigorous set of principles.

M Azim Abdul Majeed · 2025-09-13

Islamic Finance · 5 min

The Soul of the System, Part I: Why True Shariah Compliance is Architected, Not Applied

A vital conversation is maturing in the digital asset space. Understanding a token's economic design is the absolute foundation of its Shariah compliance. If the economics are flawed, no legal wrapper can fix a design that is fundamentally misaligned with Islamic principles.

M Azim Abdul Majeed · 2025-09-12