Questions tagged [shariah perspective]

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ethan_thompson_psychologist ethan_thompson_psychologist Sat Jun 08 2024 | 7 answers 1105

Is Bitcoin halal in Malaysia?|2.2. 1. The Chairperson of the Shariah Advisory Council of Bank Negara Malaysia (BNM), Dato' Dr Mohd Daud Bakar, said that cryptocurrency and digital currency are permissible from the Shariah perspective, unless there is a legal ban in a particular jurisdiction.Cryptocurrencies and crypto assets are permissible

Could you please elaborate on the Shariah perspective towards cryptocurrencies in Malaysia? Does Dato' Dr Mohd Daud Bakar's statement indicate that Bitcoin is specifically considered halal in the country? Additionally, are there any legal bans or regulations in Malaysia that prohibit the use of cryptocurrencies? Lastly, how does the Shariah Advisory Council of Bank Negara Malaysia generally approach the legality and acceptability of digital currencies in Malaysia?

Is Bitcoin halal in Malaysia?|2.2. 1. The Chairperson of the Shariah Advisory Council of Bank Negara Malaysia (BNM), Dato' Dr Mohd Daud Bakar, said that cryptocurrency and digital currency are permissible from the Shariah perspective, unless there is a legal ban in a particular jurisdiction.Cryptocurrencies and crypto assets are permissible

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