Category:
Fatwa#: 38468
Asked Country: Portugal

Answered Date: Oct 13,2017

Title: Bitcoin Mining

Question

Assalaamu alaikum warahmatullah,

I want to know the permisibility of bitcoin/Dascoin, a form of cryptocurrency in Islam.

 

Kind regards

 

Abdulbasit

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Kindly find attached the Darul Iftaa’s position on bitcoin and cryptocurrency.

http://www.askimam.org/public/question_detail/38905

 

And Allah Ta’āla Knows Best

Aboobakr Siddeeq bin Mufti Amjad Mohammad

Student Darul Iftaa 

Azaadville, JHB, South Africa

Checked and Approved by,
Mufti Ebrahim Desai.

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