KimonoElegance
Fri Jun 07 2024
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6 answers
1472
Which coins are halal?｜): The pioneer cryptocurrency, widely accepted and considered halal by many scholars. Ethereum (ETH): The second-largest cryptocurrency by market capitalization, often considered halal due to its utility and use cases beyond speculative trading.Bitcoin (BTC
Could you please elaborate on which coins are considered halal? I'm particularly interested in Bitcoin (BTC) and Ethereum (ETH). Could you explain why these two cryptocurrencies are widely accepted as halal by many scholars? What are the specific characteristics or use cases of these coins that make them compliant with halal standards? Also, are there any other coins that are commonly recognized as halal in the cryptocurrency space? Thank you for your insights.
Riccardo
Fri Jun 07 2024
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5 answers
972
Is it halal to invest in Netflix?｜We at IFG take the view that as it likely has more than 5% of its revenue from haram sources. A summary of our analysis. The business – use your judgment but we think best avoided.Netflix stock is not sharia-compliant
Could you elaborate on why you believe investing in Netflix is not considered halal? Your statement mentioned that Netflix likely generates more than 5% of its revenue from haram sources. Could you provide examples of these haram sources or explain the criteria you use to determine if a source is haram? Additionally, is there a specific percentage threshold that you consider as the dividing line between halal and haram investments? Finally, how does your organization, IFG, generally approach evaluating the halal status of investment opportunities?
Martina
Fri Jun 07 2024
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7 answers
2089
Is dropshipping haram?｜. Others express concerns about the potential for deceptive practices and lack of ownership, which could render it haram. Some scholars argue that dropshipping can be considered halal as long as the seller adheres to the principles of honesty, transparency, and fairness
Is dropshipping a haram business practice? Some individuals seem to have reservations about it, citing concerns over potential deceptive practices and the lack of direct ownership in the products being sold. Could these factors potentially render dropshipping haram? However, other scholars maintain a different perspective. They argue that dropshipping can indeed be deemed halal, provided that the seller adheres strictly to the principles of honesty, transparency, and fairness in their dealings. What's your take on this? Could you please elaborate on whether dropshipping is halal or haram, and why?
mia_rose_painter
Fri Jun 07 2024
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6 answers
1816
Is Bitcoin halal in UAE?｜The Fatwa committees in the UAE and Saudi Arabia have ruled that , as long as the coins are free from interests and impure activities like gambling.cryptocurrency trading is generally halal
Could you please clarify, is Bitcoin considered halal in the United Arab Emirates? I've read that the Fatwa committees in the UAE and Saudi Arabia have determined that cryptocurrency trading is generally halal, but only if the coins are free from interests and impure activities like gambling. However, I'm still unsure about the specific status of Bitcoin in this context. Could you provide further insight into this matter? Thank you for your assistance.
Caterina
Fri Jun 07 2024
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5 answers
874
Is leverage trading halal?
Could you kindly elaborate on the legality of leverage trading, specifically whether it is considered halal or not? I'm interested in understanding the ethical and religious implications surrounding this financial practice, as it pertains to my personal beliefs and investment decisions. Would you be able to provide some clarity on this matter, perhaps with examples or citations from relevant sources? I'm seeking a comprehensive yet concise answer that addresses both the technicalities and the moral considerations surrounding leverage trading. Thank you for your assistance in this matter.
