alexander_rose_writer
Mon Sep 09 2024
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7 answers
1544
Does bitcoin meet the Shariah requirements?
As a practitioner in the field of cryptocurrency and finance, I often receive inquiries about the compatibility of Bitcoin with Islamic finance principles, particularly the Shariah requirements. Could you elaborate on whether Bitcoin, as a decentralized digital currency, adheres to the Shariah guidelines? Are there any specific concerns or aspects of Bitcoin that may conflict with Islamic financial principles? Additionally, how do experts in Islamic finance view the use of Bitcoin and other cryptocurrencies within the context of Islamic banking and investment?
