
Is Bitcoin Haram? Exploring Its Compatibility with Islamic Law and Finance
Is Bitcoin Haram Understanding Bitcoin: Bitcoin is a decentralized digital currency that operates on blockchain technology, allowing for peer-to-peer transactions without intermediaries. Islamic Finance Principles: Key principles include risk-sharing, asset-backed financing, profit and loss sharing, and ethical investments, all of which guide the permissibility of financial practices in Islam. Arguments for Bitcoin Being Haram: Critics […]
