The Malta case: distributed ledger technologies (dlts) and Islamic commercial law in the European union. A European controversy.

Authors

  • Francisco Javier Heredia Yzquierdo EAE Business School. , EAE Business School.

DOI:

https://doi.org/10.24197/jstr.0.2020.99-109

Keywords:

Law, Shariʿa, Commerce, Blockchain, Digital Ledger Technologies, Malta.

Abstract

The Shariʿa Law has a comprehensive vision of all human activities, including commerce. The peculiarities of the commercial legal system that derives from the legal principles of Shariʿa emanates from the concepts of forbidden or Haram and permissible or Halal. These principles are applied today to breakthrough commercial developments such as the Blockchain/Digital Ledger Technologies. On the other hand, there is a growing debate about the possibility of the application of Shariʿa Law in the Member States of the European Union, either for social reasons or for commercial reasons. The controversy and opportunities created in the smallest State of the Union, Malta, serves as a sample.

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Published

2020-01-20

Issue

Vol. 9 (2020): Negociands en los países islámicos

Section

Monographic

License

The articles published at Journal of the Sociology and Theory of Religion will have a Creative Commons Attribution 4.0 International License (CC BY 4.0).

The journal allows the authors to retain publishing rights. Authors may reprint their articles in other media without having to request authorization, provided they indicate that the article was originally published in Journal of the Sociology and Theory of Religion.

How to Cite

The Malta case: distributed ledger technologies (dlts) and Islamic commercial law in the European union. A European controversy. (2020). Journal of the Sociology and Theory of Religion, 9, 99-109. https://doi.org/10.24197/jstr.0.2020.99-109