I'm curious about the religious perspective on cryptocurrency. Specifically, I want to know if crypto is considered haram, which means forbidden or unlawful in Islamic law. Is investing or using cryptocurrency seen as a violation of religious principles?
5
answers
Andrea
Thu Mar 27 2025
The debate on the Islamic permissibility of investing in cryptocurrency remains divisive among scholars.
Ilaria
Wed Mar 26 2025
Some experts argue that crypto investments can be halal, provided the underlying project adheres to Islamic principles.
BlockchainWizard
Wed Mar 26 2025
Conversely, others maintain a strict stance, deeming the entire category of cryptocurrencies as haram.
Davide
Wed Mar 26 2025
Their reasoning stems from the characteristics of crypto, such as its valuation based on market fluctuations.
Michele
Wed Mar 26 2025
Additionally, the use of crypto in gambling activities is perceived as un-Islamic, further strengthening their haram classification.