Cryptocurrency Q&A Does Mufti Shawqi think Bitcoin is haram?

Does Mufti Shawqi think Bitcoin is haram?

EmeraldPulse EmeraldPulse Sun Sep 08 2024 | 0 answers 0
Could you elaborate on the stance of Mufti Shawqi regarding Bitcoin and whether he considers it to be haram, or forbidden, in Islamic law? It's intriguing to understand how religious scholars perceive the role of cryptocurrencies within the framework of Islamic finance, particularly given the complex nature of the digital asset market. Does his perspective align with the traditional values and principles of Islam, or does he offer a unique interpretation that challenges conventional beliefs? Additionally, what factors might have influenced his decision, if any, to classify Bitcoin as either permissible or impermissible? Does Mufti Shawqi think Bitcoin is haram?

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