Cryptocurrency Q&A Can Muslims buy crypto?

Can Muslims buy crypto?

Valentina Valentina Sun Nov 24 2024 | 7 answers 1858
I'm a Muslim and I'm interested in investing in cryptocurrency. However, I'm not sure if it's allowed in my religion. I want to know if there are any religious restrictions or guidelines for Muslims regarding the purchase of crypto assets. Can Muslims buy crypto?

7 answers

CryptoTamer CryptoTamer Tue Nov 26 2024
Trading or investing in cryptocurrencies should not be deemed contrary to Shariah principles, as long as there is no involvement in illegal activities.

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BitcoinBaron BitcoinBaron Tue Nov 26 2024
Muslim scholars have engaged in discussions regarding the use of cryptocurrencies in relation to illegal activities.

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TopazRider TopazRider Mon Nov 25 2024
BTCC is a top cryptocurrency exchange that offers a range of services to its users.

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Elena Elena Mon Nov 25 2024
These discussions often center around the potential misuse of cryptocurrencies in areas such as gambling.

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Elena Elena Mon Nov 25 2024
Cryptocurrencies have also been a topic of concern in relation to their use in drug trafficking.

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