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Reputed Lawyer Aysh Chaudhry Weighs Whether Forex Violates Sharia Law

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Aysh Ahmed Chaudhry Thinks That a Clear Perspective on This Subject Will Help Millions For the last few decades, devout Muslims around the world are asking the righteousness of the dealing of forex. The problem is, without a deep understanding of both the Islamic laws and the legal system; it is difficult for anyone to state anything. This is the reason for Aysh Ahmed Chaudhry  to get involved in this debate. The deep understanding of Islamic laws helped him surmise the sentiments and nuances of this matter. His experience as a lawyer  and the degree of economics has helped him to understand the nitty-gritty of forex. After considering the matter for the longest period, Aysh came to the conclusion that the demands of economists about the purity of forex are not true at all. In his article, Forex: Halal or Haram, Aysh pointed out the factors which deviate from the teachings of Sharia. In fact, he found that no one can justify forex as the exchange of curr...

Books Have Helped Aysh Ahmed Chaudhry to Become a Better Lawyer

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          Books Offered Different Perspective to Aysh Chaudhry Which Helped Him To Deal With the Clients Better   Books are the foundation of every success story in the world. Aysh Ahmed Chaudhry  is the burning example of this idea. As an inquisitive child, he fell in love with books when he was still a child. Since then, he never let his muse go. As a child, Aysh felt that it does not matter whether a book comes under the school syllabus or not. Every book can teach you something. This thought leads Aysh to gather his profound knowledge and deep understanding of human emotion. This understanding and emotional empathy are what makes him one of the best corporate   lawyers  of Clifford Chance LLP . People changes with time. Aysh was no exception to this rule. With time, his focus concentrated on the books related to his profession. He loved the unfolding layers of the book named Kisinger the Negotiator. T...

IS BITCOIN A CURRENCY OR AN ASSET?

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INTRODUCTION: With the disruptive effect of FinTech and new forms of technology on the capital markets, the ongoing 'war on cash' and the development of new so-called 'asset classes'; this article shall aim to address the reality of the most popular cryptocurrency today- Bitcoin. Below, I provide a brief insight as regards to what Bitcoin actually is especially given that the question as to whether it is a 'currency' or an 'asset' has caused considerable confusion to date. ORIGINS Bitcoin is the most popular of what has become known as decentralised digital "cryptocurrencies" [1] . As a cryptocurrency, it uses cryptography to control its creation and management rather than relying on a central authority (e.g. the Bank of England). It differs from other virtual currencies such as those created by Nike, Vodafone, Amazon and those that are often used in the computer gaming industry for so called "in-game purchases" as, unlike Bi...