Is cryptocurrency haram

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The status of whether cryptocurrency virtual asset that uses cryptography or financial institution control.

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Is cryptocurrency haram	But so far, no Muslim-majority countries allow cryptocurrency for legal transactions. Within their specific systems and networks, cryptocurrencies are actual currencies. He explains that these digital currencies are not set against the backdrop of any established economies or marketplaces and there is no rules-based system around the issuance of these coins. Crypto coins can be used to purchase goods and services, or to transfer money between individuals in a secure manner. Our commercial view is that this is an area that is clearly an important technology for the future and Muslims should be thinking about getting involved both from an investor perspective and an entrepreneurial perspective i.
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Future Trading Haram or Halal - By Engineer Muhammad Ali Mirza
Whether cryptocurrency is halal or haram centres on the rules of Sharia law. Is cryptocurrency halal? For many Islamic scholars, the answer quite simply is yes. �In my opinion, trading in cryptocurrency is haram,� Mufti Allam said. �This is because it is not approved by legitimate bodies, such as Treasury Departments of. top.bitcoincaptcha.shop � � Academy.