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Mufti

Egypt’s mufti says bitcoin forbidden in Islam

January 4, 2018 by DailyTimes.pk

Egypt’s grand mufti has said that bitcoin is forbidden in Islam, warning the digital currency could be used for criminal purposes. Bitcoin, launched in 2009 and based on a peer-to-peer payment system, poses “high risks to individuals and states,” Shawqi Allam said in a published ruling. It could provide “stable and secure financial resources for […]

Filed Under: World Tagged With: Bitcoin, Fatwa, forbidden, Headline, Islam, Mufti

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