Bitcoin/crypto currency and Islam

Message Topic Search Topic Options Post Reply Create New Topic Printable Version Translate Topic

   Thankfully I did not invest in bitcoin as it crushed and hasn't recovered. Also majority of opinion is that is not allowed as it currently stands

Author	Message Topic Search Topic Options Post Reply Create New Topic Printable Version Translate Topic
Ceo3 Members Profile Send Private Message Find Members Posts Add to Buddy List Groupie Joined: 18 September 2016 Status: Offline Points: 80	Post Options Post Reply Quote Ceo3 Report Post Thanks(0) Quote Reply Posted: 21 December 2018 at 12:15pm
	Thankfully I did not invest in bitcoin as it crushed and hasn't recovered. Also majority of opinion is that is not allowed as it currently stands

zeenat Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8	Post Options Post Reply Quote zeenat Report Post Thanks(0) Quote Reply Posted: 07 March 2022 at 2:42am
	According to fatwa, the use of bitcoin and other coins for investment consider haram.

zeenat Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8	Post Options Post Reply Quote zeenat Report Post Thanks(0) Quote Reply Posted: 07 March 2022 at 11:49pm
	Many Islamic scholars says, Bitcoin/crypto is not legal in Islam.

zeenat Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8	Post Options Post Reply Quote zeenat Report Post Thanks(0) Quote Reply Posted: 10 March 2022 at 11:49pm
	We not think about the Islam, we just sees cash, it is so wrong as a Muslim.

zeenat Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8	Post Options Post Reply Quote zeenat Report Post Thanks(0) Quote Reply Posted: 16 March 2022 at 2:39am
	Cryptocurrency is deemed permissible and halal under Islamic sharia law, and this has unlocked the crypto.

Overslept Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. Male islam Joined: 30 August 2022 Location: usa Status: Offline Points: 8	Post Options Post Reply Quote Overslept Report Post Thanks(0) Quote Reply Posted: 30 August 2022 at 2:14am
	Now bitcoin is also going through a crisis, and it has continued to fall in price for almost a year. In this way, we can say that the cryptocurrency market has lost weight in the global economy and will probably be able to restore it because many investors have already left this project, taking millions of dollars with them. I was lucky that I managed to sell my bitcoins for 60k apiece, and now I plan to increase my capital. And to do this effectively, I'm thinking of hiring a certified financial planner who will tell me where to invest my money and how to work with them.

wertyhas Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. Male Islam Joined: 09 August 2021 Location: Canada Status: Offline Points: 7	Post Options Post Reply Quote wertyhas Report Post Thanks(0) Quote Reply Posted: 30 August 2022 at 3:01am
	All digital currencies using a Proof of Stake algorithm are forbidden.

wadiihindu Members Profile Send Private Message Find Members Posts Add to Buddy List Starter. canada Joined: 01 September 2022 Location: canada Status: Offline Points: 2	Post Options Post Reply Quote wadiihindu Report Post Thanks(0) Quote Reply Posted: 01 September 2022 at 11:36am
	I don't think religion can forbid the use of currency. When Islam was invented, no one would have thought that digital currencies would appear. Most importantly, you spend the income from crypto on good things. I tried to trade cryptocurrency many times but was afraid of taking risks. So I decided to invest crypto as a deposit. On this website https://hodlrate.com/, I found platforms that offer high interest for crypto. This is the most reliable way to earn money on cryptocurrency.