Week 1: Fundamentals of Islamic Finance and Blockchain Technology
In the first week, learn the core principles of Islamic finance such as the prohibition of riba (interest) and gharar (excessive uncertainty), and how blockchain technology and smart contracts work. Read about the ~$4 trillion Islamic finance industry and cryptocurrency basics like Bitcoin (max 21 million coins). Use Qist to understand how these principles are applied in decentralized finance without interest or ambiguity.
Week 2: Islamic DeFi and Qist's Smart Contracts
This week, dive into the details of Islamic decentralized finance: how Qist's smart contract ensures 'seller owns the asset' and buyer pays in USDC. Avoid riba and gharar through transparent contracts verified on BaseScan. Learn how surplus is refunded to the buyer, with a 3-day grace period and only 2% fee.
Week 3: Practical Applications and Digital Wallets
Apply what you've learned by opening a digital wallet supporting Base and USDC. Interact with a Qist test contract (with dummy assets) to experience the buying process and surplus refund. Study real-world use cases of Islamic DeFi, such as financing commodities and digital assets, focusing on fairness and interest-free transactions.
Week 4: Evaluation, Security, and Becoming Confident
Test your understanding by reviewing smart contracts on BaseScan and ensuring they are free of vulnerabilities. Learn how to verify contract integrity and avoid scams. Assess the Islamic DeFi market opportunity (~1.9 billion Muslims) and plan your first investment. By week's end, you'll be confident explaining Qist's principles and products.
How Qist Implements That
Qist provides a practical platform built on Islamic DeFi principles: open and audited contracts on BaseScan, USDC payments, seller ownership of assets, and surplus refund. By following this 30-day learning roadmap, you'll be able to use Qist confidently and understand how it achieves financial fairness for all parties.
Discover Qist: qist.info
This content is for informational purposes and does not constitute financial advice.