Questions tagged [halal or haram]

CherryBlossomBloom Mon Nov 04 2024 | 0 answers 0

I'm a Muslim and I'm wondering whether USDT, a cryptocurrency, is considered halal or haram in Islam. I'd like to understand if it aligns with Islamic financial principles.

SumoStrength Thu Jul 11 2024 | 7 answers 1557

In the realm of finance and cryptocurrency, the question of whether investing in cryptocurrencies is considered halal or haram has sparked much debate. For those unfamiliar with the terminology, halal refers to practices that are permissible or lawful in Islam, while haram denotes those that are prohibited. Cryptocurrencies, as a relatively new phenomenon, have left many wondering where they fall within the Islamic framework of morality and finance. This question particularly arises as some cryptocurrencies have been linked to illicit activities, while others are seen as a potential source of income. As a financial practitioner with expertise in cryptocurrencies, I would like to pose the query: How do we reconcile the Islamic principles of investment with the emerging world of cryptocurrencies, and ultimately determine if investing in them is halal or haram?

Martino Tue Jun 11 2024 | 5 answers 1323

Could you please clarify for me whether Bitcoin, as a form of cryptocurrency, is considered halal or haram in terms of religious or ethical perspectives? I'm trying to understand the religious implications surrounding its use and investment, and whether it aligns with the principles of my faith. Could you provide some insight into this matter? Thank you for your assistance in clarifying this point for me.

Martina Tue Jun 11 2024 | 6 answers 1415

Could you please elaborate on the question, "Is forex halal or haram in Saudi Arabia?" I'm curious to understand the religious and legal perspectives surrounding forex trading in the Kingdom. Does Saudi Arabia's Islamic law, known as Shari'a, have any specific rulings on this matter? Are there any regulations or restrictions imposed by the Saudi government that impact forex trading? Additionally, are there any widely accepted interpretations or practices among Saudi citizens that guide their views on the halal or haram status of forex trading? Thank you for your insights.

Stefano Fri May 17 2024 | 6 answers 1432

Could you please clarify for me whether crypto futures trading is considered halal or haram? I've been hearing conflicting opinions on this matter, and I'm really trying to understand the religious and ethical implications of investing in this space. I value your expertise in the field of cryptocurrency and finance, and I'm hoping you can shed some light on this issue for me. Thank you in advance for your time and consideration.