Ask Shaykh YQ - Episode 07 - What is the Islamic Ruling on Cryptocurrency
Yasir Qadhi - A podcast by Muslim Central
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Shaykh Yasir Qadhi delves into the ruling on cryptocurrency. Cryptocurrency is based on decentralized commodities to be a type of currency not backed by banks and the government. The Fiqh Council issued a fatwa that cryptocurrency is not prohibited and hence, it is halal unless proven otherwise.
