Assalaamu Aleikum everyone and happy 2018. The end of 2017 saw a lot of shake up and talk in Muslim world as it relates to cryptocurrency as we had at least 2 prominent scholars give fatwas (legal opinions based on Islamic law) saying that Bitcoin, and cryptocurrency as whole, is haram. Today I would like to take a closer look at one of those fatwas. Insha'Allah we will look at the fatwa given by Sheikh Assim Al Hakeem as I will be providing commentary on his reasoning behind his fatwa. Are there areas of sincere misunderstanding by our scholars with this new technology? Are there legitimate concerns that our scholars mention that we should heed? Please do read on to find out more.
Is Bitcoin Halal Series: Mining - Is Bitcoin Mining Halal or Haram?
Assalaamu Aleikum and welcome to part 3 in our 4 part series called, Is Bitcoin Halal Series - A Deeper Look at the Permissibility of Bitcoin According to the Sharia. In part 3 of our series we'll talk about Bitcoin mining and today we ask the question, is Bitcoin mining halal or haram? Want to find out the answer? Well click on "Read More" and let's find out together.
Is Bitcoin Halal Series: Trade - Is Trading Bitcoin Halal or Haram?
Assalaamu Aleikum and welcome to part 2 in our 4 part series called, Is Bitcoin Halal Series - A Deeper Look at the Permissibility of Bitcoin According to the Sharia. Insha'Allah today we'll talk about trading Bitcoin. We'll take a look at how the fuqaha (scholars) view Bitcoin and what this means when it comes to trading Bitcoin.
Is Bitcoin Halal Series: Currency - Is Bitcoin classified as money according to the sharia?
Assalaamu Aleikum and welcome to the first blog post of our new blog series, Is Bitcoin Halal Series - A Deeper Look at the Permissibility of Bitcoin According to the Sharia. Insha'Allah in today's blog post we are going to explore currency. We will take a look at what currency/money is in Islam and also take a closer look at how the sharia sees/views Bitcoin. We will explore this and more as we begin with the first of four blog posts where we will learn about the status of Bitcoin and what that means for Muslims around the world.
Upcoming New Series
Join me for this upcoming series as we take a deeper look at Bitcoin in the light of Islam. Insha'Allah we will call it, Is Bitcoin Halal Series - A Deeper Look at the permissibility of Bitcoin according to the Sharia. Read on to learn more...
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