Islamic finance works in a specific framework and guideline laid out by Shariah, which in brief is a divine law of Islam. Since the emergence of Bitcoin to the lime light becoming the buzz word of almost everyone a few years ago, much have been said and debated in the Islamic finance community whether or not it is permissible to deal with, whether it is halal etc. Blockchain has evolved a lot since then, with Ethereum now becoming the leading platform for the smart contract development. However,…