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Bybit eyes Muslim investors with Shariah-compliant crypto account
24.9.2024
Bybit launches Shariah-compliant crypto account, targeting Muslim investors seeking investment options in line with Islamic finance principles
‘Islamic Coin’s Legitimacy as a Sharia-Compliant Cryptocurrency Is Proven by Its Fatwa’ — Co-Founder
10.9.2023
According to Mohammed AlKaff AlHashmi, the co-founder of “Islamic Coin,” Muslim scholars will increasingly view cryptocurrencies as being “Shariah-compliant” if they function as a store of value or are used as a medium of exchange. Alhashmi added that Islam’s...
Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
27.1.2021
Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had...
Shariah-Compliant Crypto Exchange Wins License From Bahrain Central Bank
25.1.2021
Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies
Malaysian Shariah Council Permits Cryptocurrency Investing and Trading
10.7.2020
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that...
Ether is Shariah-Compliant Until it's Used For Profit - Scholars
29.8.2019
A prominent Shariah advisory firm specializing in Islamic finance solutions, Amanie Advisors, in collaboration with Ethereum Foundation, looked into the Ethereum platform and its native currency Ether, to try and ascertain if they violate any prohibition and if they are permissible for the Islamic...
Fintech Firm Partners With R3 to Develop Shariah-Compliant Market Platform
29.8.2019
R3 partners with Dubai based fintech firm Wethaq as it builds a Corda-based Islamic securities platform