Potential of cryptocurrency in Islamic finance looks bullish, says Bank Negara’s Shariah Advisory Council chairmanBank Negara’s Shariah Advisory Council chairman Datuk Mohd Daud Bakar said cryptocurrency may be deemed a new thing in Islamic finance, and described its potential in the new normal as ‘many low hanging fruits in the segment’. ― AFP pic
He said cryptocurrency may be deemed a new thing in Islamic finance, and described its potential in the new normal as “many low hanging fruits in the segment”. “For me, crypto is neither a conundrum or perception. It is a matter of our ability to make it easy for people to understand, because at the moment, it is a new thing and people tend to think it is very much a conundrum and matter of perception,” he said during the SCxSC Fintech Conference 2020 here, today.
While the whole world, including Malaysia, are embarking on digital transformation in doing businesses due to the Covid-19 pandemic, he said currency remained among the things being left out.
Hahahaha its coming guys....