Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum halal, or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether.
source :
https://cryptoslate.com/ethereum-halal-muslim-scholars-eth-demandi hope this news will be good for eth price, and make the price grow more than $200 again
At first I though Halal certitication does only be implied with foods and I cant even believe on what I'm reading here that muslims considered ETH or halal to them.
I wont say that this doesn't have effect yet we know that some muslims are might multi-millionaires or even billionaires specially who do reside on Arab countries.
We know the capability of some of them when it comes to financial.This might not be a sparking news to others but for some when it comes to fundamentals this one is
considered to be good.Demands will vary and it will depend on how open minded they can be when it comes to crypto but since its already being considered then they are
really heading that way.