According to many Islamic scholars,cryptocurrency is deemed permissible and halal under Islamic Sharia law, and this has unlocked the crypto investment market to a global Muslim audience with increasing numbers of Muslims wanting to buy crypto and use it as a form of currency. Is lottery haram Sh...
While the decision from MUI doesn’t mean all cryptocurrency trading will be stopped in Indonesia, the decree could deter Muslims from investing in the assets and make local institutions reconsider issuing crypto assets. Bank Indonesia has been mulling a central bank digital currency, with no decisi...
If you’ve made it to this website then you must have some questions such as, is cryptocurrency halal? Is investing in Bitcoin halal? Is Bitcoin trading halal? Insha’Allah we will explore these issues and more as the goal ofIslam and Bitcoinis to make the understanding of Bitcoin and ...
Cryptocurrency uses peer-to-peer (person-to-person) technology to facilitate instant payments, and those who own the computing power and network, known as 'miners,' create or mine the value of the currency by rewards—beyond any state control. The value of any country's currency is trust, ...