Yasir Qadhi

Ask Shaykh YQ - Episode 07 - What is the Islamic Ruling on Cryptocurrency

08.27.2019 - By Muslim CentralPlay

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Shaykh Yasir Qadhi delves into the ruling on cryptocurrency. Cryptocurrency is based on decentralized commodities to be a type of currency not backed by banks and the government.  The Fiqh Council issued a fatwa that cryptocurrency is not prohibited and hence, it is halal unless proven otherwise.

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