Crypto trade is haram

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Projects focusing on halal digital law when engaging in crypto many countriescatering to trade, others express concerns about investment opportunities that comply with of intrinsic value.

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Is Bitcoin / Cryptocurrency halal in Islamic point of view? - Assim al hakeem
best.2019icors.org � � Academy. Individuals are usually interested in cryptocurrencies to earn profit. They can buy, hold, sell, or make short-term trades (e.g., minutes, hours, or days). Many Islamic scholars seem to agree that, as it stands, cryptocurrency is haram, and should be avoided by Muslims. Indonesia, the world's.

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According to their Sharia policy , they view crypto as a true currency, or as a digital asset. As interest in bitcoin and cryptocurrencies has risen, so have the questions of Muslim investors wondering if they can invest in them while adhering to the principles of their faith. It is not like a company or a property that actually does something productive for the world. Gambling is forbidden in Islam.