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Kalimullina said bitcoin exchanges have been opened in some muslim countries.
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Islam And Cryptocurrency Halal Or Not Halal Business And Economy Al Jazeera from www.aljazeera.com Since then, islamic jurists in south africa have ruled in favour of. Bitcoin is (mostly) halal, say scholars. It does not rely on a central server to process transactions or store funds. The latter make their argument based on. Bitcoin can be exchanged for a commodity of given value and is also used in some countries to pay for them. Bitcoin halal or bitcoin haram is an idea that won't be. Such software can be (and has been) manipulated by hymans (insiders or. But as these assets are so new, muslims have a whole series of questions.
We believe that it is something that left to official religious however, like fiat currencies, simply holding bitcoin as a means of payment and store of value are.
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