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Crypto currency permissible under Shariah

From brecorder.com

Following recent media reports and renewed public debate regarding the Shariah status of crypto currency, an emergency meeting was convened at the Saylani Welfare International Trust’s head office. The meeting was chaired by Saylani’s Founder and Chairman, Maulana Muhammad Bashir Farooq Qadri. The meeting was attended by leading block chain experts and Saylani’s Head Mufti, Mufti Wasim Akhtar Al-Madani. Participants reviewed the ongoing debate over whether crypto currency is permissible or impermissible under Islamic law and maintained that declaring crypto currency categorically impermissible would not be ... (full story)

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  • Category: Fundamental Analysis