Cryptocurrency Q&A Is BTC haram or halal?

Is BTC haram or halal?

Maria Maria Wed May 15 2024 | 7 answers 1418
I'm curious to know, is Bitcoin considered haram or halal? I've heard conflicting opinions on this matter, and I'm trying to understand the religious perspective on cryptocurrencies. Could you please provide some clarity on this issue? I'm interested in both the Islamic perspective and any broader financial considerations that might impact its classification." In my search for answers, I've encountered different interpretations of religious texts and opinions from scholars. Some argue that cryptocurrencies like Bitcoin are akin to gambling and thus considered haram, while others believe they can be used for legitimate transactions and are therefore halal. I'm hoping you can shed some light on this debate and help me navigate this complex topic. Is BTC haram or halal?

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