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$HABIBI & $HARAM Token Price Explodes on DEXTools - Meme Coins Defy USA Govt Regulation, Is $WSM Next?
7.6.2023
As Saudi Arabia presses ahead with its production cut for crude oil, in a growing showdown with slowing Western economies, meme coin markets have been envigored by the emergence of a new Saudi narrative - boosting the likes of $HABIBI and $HARAM token.
As the Saudi narrative revitalises meme coin...
Is Bitcoin Halal or Haram? Here’s What Islamic Scholars Are Saying
4.11.2022
Bitcoin and other crypto assets have Islamic scholars racking their brains as they attempt to discern how this new technology fits into Islamic finance, a concept that already dates back 1,400 years.
Read on to discover the opinions of various Islamic scholars and an answer to the question:...
Indonesian Islamic organization issues new fatwa against crypto use
20.1.2022
The fatwa pointed towards two critical issues with cryptocurrencies that make them illegal as an investment tool as well as a medium of exchange
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...
Indonesia's national Islamic council reportedly declares Bitcoin haram
11.11.2021
While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia
Major Indonesian Islamic organization declares crypto 'haram' — or forbidden
29.10.2021
The Indonesian Islamic group NU says crypto is too volatile to be legal under Islamic law
Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency
28.10.2021
A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice...
Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
29.5.2021
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic...