Cryptocurrency Q&A
Is bitcoin halal or haram?｜Islamic banking laws are also anti-interest so the technology, pricing, and buying and selling of cryptocurrency money is deemed halal by many Islamic scholars who rely on the teachings of Prophet Muhammad PBUH when seeking guidance about permissibility ( ultimately, only Allah knows best).
Is bitcoin halal or haram?｜Islamic banking laws are also anti-interest so the technology, pricing, and buying and selling of cryptocurrency money is deemed halal by many Islamic scholars who rely on the teachings of Prophet Muhammad PBUH when seeking guidance about permissibility ( ultimately, only Allah knows best).
CryptoTitaness
Sun Jun 09 2024
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7 answers
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Could you please elaborate on whether Bitcoin is considered halal or haram in Islamic law? Islamic banking principles frown upon interest, so I'm curious about how Islamic scholars view the technology, pricing, and transactions involved in cryptocurrency. Given that these scholars often rely on the teachings of Prophet Muhammad for guidance on such matters, what is the general consensus among them? Ultimately, of course, the ultimate judgment lies with Allah, but it would be helpful to understand the current scholarly opinion.
7 answers
LitecoinLodestar
Mon Jun 10 2024
Cryptocurrency has emerged as a revolutionary force in the modern financial landscape, offering unprecedented opportunities for investors and traders alike. With its decentralized nature and global reach, crypto has disrupted traditional financial systems, opening up new avenues for capital flows and value transfers.
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CryptoNinja
Mon Jun 10 2024
In addition to trading services, BTCC also offers a secure wallet solution for storing cryptocurrencies. Its wallet is designed with advanced security features, including multi-factor authentication and cold storage, to protect users' assets from unauthorized access and theft.
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KatanaSharpened
Mon Jun 10 2024
BTCC, a UK-based cryptocurrency exchange, stands out as a leading player in this dynamic market. Its comprehensive suite of services caters to a wide range of users, from beginners to experienced traders. BTCC's platform offers spot trading, futures trading, and wallet services, all designed to provide a seamless and secure trading experience.
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Lucia
Mon Jun 10 2024
BTCC's commitment to security and compliance is evident in its robust infrastructure and regulatory framework. The exchange adheres to strict security protocols and regularly undergoes audits to ensure the safety of its users' funds. It also maintains close relationships with regulatory bodies, ensuring that its operations comply with applicable laws and regulations.
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BitcoinBaron
Mon Jun 10 2024
Spot trading on BTCC allows users to buy and sell cryptocurrencies at current market prices. This feature is particularly appealing to those looking for quick and efficient trades, as it offers real-time pricing and execution. BTCC's spot market is highly liquid, ensuring that trades are executed quickly and at competitive prices.
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