Ruling On Cryptocurrency In Islam Islamqa

A halal broker is a broker where a trader can get a special trading account that satisfies the trade-related requirements of Islam. Examples of such requirements are immediate execution of trades immediate settlement of transaction costs and zero interest rates on trades. While it took a lot of time for Bitcoin to be accepted by the masses many are still skeptical about investing in BTC and other cryptocurrenciesA great example of such an institution would be Islamic Finance where the ruling on cryptocurrencies is still not clear to many MuslimsThis is because the speculative characteristic of digital currencies has raised concerns among Islamic.