Fatwa #3846813 October 2017Nigeria
Bitcoin Mining
Question
I want to know the permisibility of bitcoin/Dascoin, a form of cryptocurrency in Islam.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Kindly the Darul Iftaa’s position on bitcoin and cryptocurrency on Fatwa 38905.
And Allah Ta’āla Knows Best
Aboobakr Siddeeq bin Mufti Amjad Mohammad
Student Darul Iftaa
Azaadville, JHB, South Africa
Checked and Approved by,
Mufti Ebrahim Desai.