Are Cryptocurrencies Halal or Haram?

Many Muslims have been asking, “Are cryptocurrencies halal or haram?”

Soaring by roughly 1,700 percent since 2017, they have become a real hit. Much controversy has surrounded whether it is permissible or not to invest in them.

Different opinions

We published before scholarly opinions against Bitcoin. On the other hand, Sheikh Abu Eesa in this video maintains that cryptocurrencies are Halal. Learn more about the proofs he based his view on.

Source: Faith IQ

More about scholars’ views on Bitcoins: