CryptoPioneer
Sun Jul 14 2024
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6 answers
1477
Is bitcoin halal under Sharia law?
When it comes to the question of whether <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> is halal under Sharia law, the discussion becomes rather nuanced. Sharia law, being the religious law of Islam, outlines specific guidelines for financial transactions and investments. The key considerations are usually centered around the legitimacy of the underlying activity, its potential for harm or exploitation, and whether it promotes fairness and justice. With bitcoin, a decentralized digital currency, the debate arises over its transparency, potential for misuse in illegal activities, and its impact on the traditional financial system. Some scholars argue that bitcoin's anonymity can facilitate illicit transactions, while others point to its ability to provide financial inclusion for those without access to traditional banking. So, the question begs: does bitcoin align with the ethical and moral principles outlined in Sharia law? Or does it fall into the category of haram, prohibited under Islamic law? This is a topic that requires careful consideration and analysis from religious scholars and financial experts alike.
CryptoVisionary
Fri Jun 07 2024
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5 answers
965
Is Apple stock halal or haram?｜.In conformity to Sharia law, ownership shares is considered Halal in the event that the company does not engage in any activities such as gambling, lending or producing alcohol pork, tobacco pornography, alcohol, or tobacco. Yes, Apple shares can be considered Halal
Could you please elaborate on the criteria for determining whether a stock is halal or haram according to Sharia law? Specifically, regarding Apple stock, how do we ascertain that the company doesn't involve in activities like gambling, lending, or producing items like alcohol, pork, tobacco, or pornography? Also, could you provide some insights into why Apple shares can be considered halal?
