12-01-2021, 06:30 PM
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Planar Protector
Join Date: Aug 2021
Posts: 1,359
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Cryptocurrencies are haram; not permissible under Islamic law
Quote:
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"If Bank Indonesia wants to issue central bank digital currency using blockchain or distributed ledger technology, then, unfortunately, it will be considered as haram under MUI's fatwa, because under this fatwa, crypto or blockchain token[s] cannot be used for money for transaction," said Oscar Darmawan, founder of Indonesian crypto exchange Indodax. "There may be a dialogue between Bank Indonesia and MUI itself about this when the time comes."
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