Cryptocurrency Q&A
Is Bitcoin mining halal?
Is Bitcoin mining halal?
BlockchainBaronGuard
Sat Dec 21 2024
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6 answers
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I'm interested in understanding whether Bitcoin mining aligns with halal principles. I want to know if engaging in this activity is considered permissible or not, given its nature and the processes involved.
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6 answers
CryptoTitanGuard
Mon Dec 23 2024
The analysis of cryptocurrencies reveals that those not supported by tangible assets do not align with Shari'ah principles.
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Sara
Mon Dec 23 2024
This conclusion is drawn based on the nature and characteristics of such cryptocurrencies.
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Ilaria
Mon Dec 23 2024
Strictly speaking, they lack the essential elements required for Shari'ah compliance.
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Sofia
Sun Dec 22 2024
Despite this, a significant portion of Shari'ah scholars are inclined to accept Bitcoin.
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KatanaBladed
Sun Dec 22 2024
Their approval is based on the concept of maslahah, which refers to the public interest or benefit.
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