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IBS Moscow • September 22-25, 2018

International Blockchain Summit Moscow – large event in Russia dedicated to all the aspects of blockchain implementation: learn about the…

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Tag: Haram

Agency Declares Cryptocurrencies as ‘Halal,’ Permits Muslims to Invest in Bitcoin and Cryptos

Category: Bitcoin, Blockchain, Business, Commentary, Finance, News

Agency Declares Cryptocurrencies as ‘Halal,’ Permits Muslims to Invest in Bitcoin and Cryptos

Amongst the neverending chaos surrounding it, one question that stands out is bitcoin’s compliance with the religious ‘Shariah’ law. To answer that, Blossom Finance, a microfinance firm based in Indonesia, published a detailed 22-page paper this week which inferred “Bitcoin qualifies as Islamic money, except where it is banned by a local government.” Is Bitcoin ‘Halal’? Since bitcoin has gained momentum…

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