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Understanding NFTs and Crypto Currency From an Islamic PerspectiveThis paper applies the DCC-MGARCH model to investigate the role of Bitcoin as a hedge for Islamic stocks in Asia during the COVID pandemic. Explore the strategies, compliance, and ethical considerations in building Islamic hedge funds that align with Sharia principles. Both Islamic cryptocurrencies either act as a hedge or safe-haven for most of the Islamic equities in both periods, especially in the post-COVID era. Given that.