I want to know the permisibility of bitcoin/Dascoin, a form of cryptocurrency in Islam.
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Kindly the Darul Iftaa’s position on bitcoin and cryptocurrency on Fatwa 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.