• 2 days ago
A Bitcoin Fatwa refers to a legal ruling by Islamic scholars regarding the permissibility of Bitcoin and other cryptocurrencies under Shariah law.

For complete lecture, visit:https://youtu.be/Vxpk5Ab8Ul0

Since cryptocurrency operates outside traditional banking systems and involves speculation, the question arises: is crypto haram or is crypto halal? Scholars examine whether the decentralized and digital nature of Bitcoin aligns with Islamic principles, such as the prohibition of riba (usury) and gharar (excessive uncertainty). Some scholars argue that Bitcoin and other digital currencies are halal as long as they are used for lawful transactions and not for illicit activities,

while others consider them haram due to their volatility and speculative nature. Ultimately, whether Bitcoin is halal or not can depend on its use and adherence to Shariah principles.

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