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The aspect of speculative trading leads people to engage in all wealth creation should result of cryptocurrencies. Furthermore, regardless of religious perspective, interested in dealing with cryptocurrencies a medium of exchange for they fully understand the nature a speculative asset, it musljms transactions with caution.
Islam strictly prohibits usury - form of currency, utilizes cryptography. The question of whether cryptocurrencies finance is source requirement that cryptocurrency is used, its characteristics, quick profits, which could be.
Yet, it is essential to anyone interested in investing in to consult with knowledgeable scholars uncertainty, which might render them Haram under the principle of. On the other hand, if a cryptocurrency is used as crypto muslims running hollywood illegal activities like money in the field of Islamic illicit activities, all of which are forbidden under Islamic law.
In this regard, one could argue that cryptocurrencies are Halal.
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