Bitcoin is Declared Halal and Holy for The Islamic Community!!

in #politics7 years ago

Bitcoin’s price spiked from $6,962.6 to $8,420.27 in less than a few hours yesterday, the fastest increase to date. Although speculative, some believe the sudden price surge has to do with an Islamic scholar deeming cryptocurrency compliant with Islamic law. Islam is the fastest growing religion, with over 1.6 billion people worldwide.

The adoption of cryptocurrency has been a pressing issue for Muslims around the world. Currency without intrinsic value is forbidden to Muslims, as is lending money with high-interest rates. This practice is known as usury.

As the rest of the world began to adopt the new digital currency, Muslims were forbidden to stake their claim in the crypto space – until now. Bitcoin-5.jpg

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Hey @zain4, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :)

Great post. they say that the people who are most successful are those who are doing what they love.

Couldn't Agree More

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