Questions tagged [haram]

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?

Lorenzo Sat Aug 31 2024 | 6 answers 1693

Could you elaborate on why some individuals believe that swap fees are considered haram, or forbidden, in the context of Islamic finance? Is it due to the nature of the interest or profit derived from these fees, or does it stem from concerns related to the uncertainty or speculation involved in cryptocurrency transactions? Additionally, how do Islamic scholars and financial institutions navigate the complexities of cryptocurrency and swap fees while adhering to Islamic principles and avoiding haram activities?

CharmedFantasy Mon Aug 26 2024 | 7 answers 1139

As an individual interested in both cryptocurrency and Islamic finance, I'm curious to know if Siacoin can be considered halal or haram under Islamic law. Islamic finance principles emphasize the prohibition of riba, or usury, and the promotion of ethical and fair transactions. With the increasing popularity of cryptocurrencies, there's been some debate on whether they align with Islamic principles. Can you provide some insight into whether Siacoin, specifically, is considered halal or haram in the Islamic context?

Eleonora Thu Aug 22 2024 | 7 answers 1472

Excuse me, could you please clarify for me the status of Doritos in terms of Islamic dietary laws? Specifically, are Doritos considered halal, meaning permissible according to Islamic dietary guidelines, or haram, meaning forbidden? I understand that the ingredients and manufacturing process of food products can play a significant role in determining their halal status, and I'm curious to know how Doritos fit into this framework. Thank you for your time and consideration.

Caterina Wed Aug 21 2024 | 7 answers 1401

Is it permissible in the Islamic faith to invest in so-called 'meme coins'? These digital assets are often known for their humorous or ironic names and lack of inherent value, leading some to question whether they align with Islamic principles of ethical and responsible investing. Does the nature of these coins, their volatile prices, and the potential for speculative gains conflict with Islamic teachings? It's a question that many in the Muslim community are grappling with as the world of cryptocurrency continues to evolve and expand.