Is Bitcoin Halal or Haram, as it is completely computerized money. It has no physical existence and is not issued or controlled by any bank or government.
Answer:
Ref. No. 40/1177
In the name of Allah the most Gracious the most Merciful
The answer to your question is as follows:
When the bitcoin is not controlled or issued by the government, it would be regarded as a ‘fake currency’. One should avoid buying or selling such a fake currency. One day it may cause a big loss to your wealth.
And Allah knows best
Darul Ifta
Darul Uloom Waqf Deoband