HaramCoins
Bitcoin BTC
Currency / store of valueStatusScholars differ (doubtful)
Live price…
What it is
The first decentralized digital currency, used as a medium of exchange and a store of value.
Why this assessment
Scholars differ sharply. Some permit it as a genuine digital asset and medium of exchange with real adoption; others object to its extreme volatility (gharar) and the heavy speculation around it (maysir), and note it is not backed by any tangible asset.
Key considerations
This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.