The World Federation One Stop Fiqh
Search
Menu

Ask an Alim

are Muslim allowed to invest and trade in bitcoin

Q:

Assalamoualaikoom I would like to understand if as a Muslim we are allowed to invest and trade on bidcoin? JazakALLAH to post an answer asap.

A:

Walikum Salam

According to obligatory precaution it is not allowed.
Regards,
Sukaina Taqawi.