Home » Hanafi Fiqh » Muftionline.co.za » Bitcoin: Halal or Haram Investment?
Q: Is investing in Bitcoins halaal or haram?
A: The ulama have not yet regarded Bitcoin as a currency. Hence, you should refrain from it.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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