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While some scholars view it as halal, some see it as haram.
Welcome to halal cryptocurrency finance page. Cryptocurrency's halalness depends on the intention of the user. So i want to know if this is halal or haram? In its essence, crypto trading is allowed in islam, but with some technicalities. Discover the relationship between bitcoin and the islamic faith. Bitcoin halal or bitcoin haram is a concept that is not going to be resolved easily. Whether or not bitcoin is halal has been a point of contention for many muslims. Back in april 2018, an indonesian fintech startup, released a report titled is bitcoin halal or haram: It is easier for islamic finance houses to produce certified products. This is important due to the one majlis (sitting) requirement for bay. Is cryptocurrency investing halal or haram? Halal is an arabic word that means permissible or lawful. You can gain hundred times or loose all of gratitude and dua.
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However, the term halal in relation to cryptocurrency has to do with whether cryptos are lawful under the sharai law.
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