<![CDATA[The exponential growth of cryptocurrency investments among Muslims has generated ethical dilemmas, as digital asset governance frequently operates in the absence of clear Islamic legal frameworks. Usul al-Fiqh, a dynamic methodology of Islamic legal reasoning, provides systematic instruments including qiyas (analogical reasoning), maslahah mursalah (considerations of public interest), istihsan (juristic preference), and sadd al-dhara’i‘ (blocking the means to harm). This conceptual article synthesises classical Usul al-Fiqh principles with contemporary digital governance standards such as blockchain transparency, Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, and smart contract auditability. The proposed five‑layer model begins by verifying the status of mal mutaqawwim (legally recognised property), subsequently applies the four Usul instruments, integrates governance filters, and yields a nuanced ethical status instead of a binary halal or haram declaration. Bridging Usul al-Fiqh and digital governance is not only feasible but offers a valuable framework for responsible Muslim participation in cryptocurrency markets. The model offers a structured, transparent, and systematic methodology that can be operationalized and tested for Shariah boards, regulators, and fintech developers.]]>
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