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
We have yet to see the impact of this declaration to Ethereum's price, if it has. It has been months already since this news broke out and Ethereum is still as shaky as in the past months, always in attempt to put $200 a value of the past. If the Arab nations will be more developed in terms of cryptocurrency sooner or later, Ethereum will probably benefit from this declaration. But if this declaration will be extending to the other altcoins as well, then the competition will remain the same and there is no more special impact of it to Ethereum's price.