Post
Topic
Board Bitcoin Discussion
Re: There is lot's of confusion in people about whether it's allowed to invest or no
by
SOKO-DEKE
on 02/04/2023, 07:02:52 UTC
In Islamic banking is progressing repidly in some country and people's wants to be invested according to shariah. Now what is best openion about this seriouse situation

Islam forbids gambling, and some scholars consider Bitcoin gambling due to the high risk it entails and its volatile condition. In reality, anything you purchase with the intention of raising its value in the future is not permissible. However, some scholars have argued that using a digital currency to purchase food and other items is permissible, so the application of Bitcoin to Islam now depends on the individual.