[2017-11-30] Turkish religious figures: Bitcoin does not suit Islam

Qartersa

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Quote from: fanatseal2 on November 30, 2017, 05:57:25 AM

The conservative religious organization has declared that Bitcoin, the most famous cryptocurrency and right now, also the most expensive one, is not corresponding with the principles of Muhammad’s teachings. This organization, quite surprisingly, resides not in the Middle East, where in some countries, the TV shows are dedicated to what suits Islam and what does not, but in the relatively secular Turkey.

The Diyanet, which is how the Directorate of Religious Affairs in Turkey is also called, has stated that because Bitcoin is not controlled by any authority and has properties which easily allow its use as a...Read more BTC

I can very well say, "TO EACH HIS OWN". If these people are against Bitcoin and other cryptocurrencies because of religion, so be it. You cannot force feed unto someone just because it works for you. You have to be considerate when relating matters to others as the latter may not find your judgment sound and reasonable. Religion dictates no reason, and it is something beyond science. Hence, there is no point in arguing about its teachings when neither religion nor your beliefs are proven. Let them be. They are entitled to their beliefs. Cheers!

koinsever

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lol
because our government cannot take tax from BTC. if they can i believe diyanet says "BTC suit for Islam. allow BTC or go to hell"

in my opinion BTC is halal. use it, believe it. in BTC we trust.

iamTom123

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Quote from: bbc.reporter on November 30, 2017, 09:57:22 PM

They will throw everything at it including the kitchen sink hehe. On reading that news, I now truly reckon that bitcoin has finally arrived and reached the mainstream. Also, who would have imagined a religious organization would make a comment against bitcoin 3 years ago?

You got a big point. When something has not yet arrived, nobody would be wasting some time to comment on much more to do some research and analyze is something can fit within one's religious beliefs. I am sure that this stand on Bitcoin is not a very good researched and they might have failed to talk to people who are already in Bitcoin. They only saw the bad headlines in the mainstream media and based on those one-sided news come up with statement against Bitcoin. Or maybe that because Bitcoin started in the Western world they should not have any part on it. Whichever can be the underlying grounds, am sure that in the coming years this position can be gradually changed into acceptance and embrace for Bitcoin and the technology behind it. The Middle East is representing a good market for Bitcoin because many possess a good amount of capital and I understand that there are now moneyed personalities based on this region that are now into Bitcoin and many are doing it secretly to avoid any scrutiny and maybe persecution from shallow-minded people.

RedX

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Quote from: cybersofts on December 03, 2017, 06:05:19 AM

Quote from: Mark Promo on December 01, 2017, 04:20:44 AM

Religious figures should do their work. When they begin to interfere in the economy and finance of the state, this always ends badly.

LOL

The question is simple; does USD suit Islam or not? If USD suit islam so does BTC, and if not, then Muslims should stop using both of them. The only difference between USD and BTC is USD is physical while BTC is digital... I don't know why religions figures always want to interfere in something that they never understand and end up given their followers bad motivations and leave them stranded without any proper solution.

Religion has nothing to do with the financial system. I agree that they shouldn't be involved in this because when does Islam religion made a large contribution to any currencies or in the market? I don't have anything against Islam but they should just keep quiet instead of dropping statements about bitcoin.

setifien19

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Quote from: Slow death on November 30, 2017, 06:10:30 PM

and what is it that fits Islam? will it be the terrorist attacks? the disgusting customs they have? They should not go on giving a nonsensical hunch with this weird religion. At the end of the article it says the following:

" Interestingly enough, the authorities of Iran, one of the most conservative countries in the world with very strong Islamic traditions, did not say anything about Bitcoin in terms of religion, at least lately. What they actually stated on cryptocurrency is that they are ready to welcome it after the necessary regulations are developed. "

what matters is what will the government do

Comparing both Iranian and Turkish bitcoin treatment , we can say , ( in what concerns digital currencies) : Turkey is financially a theocrat state, while the theocratic Islamic republic of Iran is financially a secular state ...what a great paradox

setifien19

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Bitcoin doesn't suit ISLAM , really!!
as a Muslim I do not see any incompatibility between bitcoin and ISLAM principals , ( ISLAM interdicts what humanity does : theft, unethical hacking, cheating...) Bitcoin is just like gold or Turkish lira or any other currency , it just seems to be suitable for every honest person whatever is his religious background

Snail2

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LOL

. How much the Turkish government paid for this "opinion"? Religious figures should do their job and deal with prayers and sould instead of messing with money.

greeklogos

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Is the religion in Turkey different from the religion in United Arab Emirates? As I know in UAE (Dubai) it is possible to buy apartments with bitcoin already and they don't point that it is not by Koran or something like that. So I don't understand why Turkey is playing itself as the most religious one?

abircrypt

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This is not exactlt right. There are various opinions to it in Islam. Infact, some say that Bitcoin might be more in line with Islam, please have a look at the link below:

https://cointelegraph.com/news/is-bitcoin-halal-how-cryptocurrency-conforms-with-islam-and-sharia

Rahar02

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Bitcoin is just an alternative currency and people have a right to choose whether use it as a medium of exchange, as an asset or an investment, but a group in Turkey cannot decide it's suitable for a religion or not. Once again, they can state it as whatever they want and it does not change the fact that bitcoin is a new technology in the monetary system which even though it fluctuate a lot until today.
In the term of "money laundering" there are a lot of things which could be used as the object to do it, but the government can regulate and overwatch trading activity in the country.

Siren

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No offense meant, but Islam has nothing to do with bitcoin. And I don't think that any religion encompasses bitcoin as well. And for sure there are a lot of our Muslims brother who have heavily invested on it, so what they gonna do now? dump their bitcoins? I don't think so. I think this is just like issuing a fair warming to some Muslims that they will outlaw bitcoin, the question is are they going to follow it? Since bitcoin is pseudo anonymous anyways, how will the Muslims leaders know if they followers are not indeed into bitcoin? And I still can't get about Muslim leaders interested on authorities on something that they can't control.

Taki

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I don't want to be a judge, but don't you think that time when Mohammed said his principles by which people should to live there were not such technologies as Blockchain, Internet and even electricity as I know.
I think many of rich Turks have invested in bitcoin and crypto-currencies already and I doubt that they will change something after this announcement, well maybe only the most religious ones.

Lancusters

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It seems to me that bitcoin as a bone in the throat of all who now have the power. For this reason, they are all United front against cryptocurrency. I'm sure this is just the beginning. We have to go through an active phase of this confrontation. Bitcoin gives us freedom. For freedom we must fight.

cybersofts

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Quote from: Mark Promo on December 01, 2017, 04:20:44 AM

Religious figures should do their work. When they begin to interfere in the economy and finance of the state, this always ends badly.

LOL

The question is simple; does USD suit Islam or not? If USD suit islam so does BTC, and if not, then Muslims should stop using both of them. The only difference between USD and BTC is USD is physical while BTC is digital... I don't know why religions figures always want to interfere in something that they never understand and end up given their followers bad motivations and leave them stranded without any proper solution.

J. Cooper

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Quote from: buwaytress on December 01, 2017, 12:05:21 PM

Gotta hand it to whomever gave them this idea, and to the journalist who caught it! Turkey is one of those hard-to-place countries when it comes to Islam. Secular since last century, yet a hot bet for extremism in the midst of ongoing efforts to embrace Western values. Gambling and alcohol, clearly prohibited, are okay.

I would really like to read the passage where they think bitcoin isn't halal. Because in the end it's all about interpretation, so they can interpret it as being haram now but suddenly change their mind when it becomes a lot more popular and adopted.

Quote from: buwaytress on December 01, 2017, 12:05:21 PM

It is worth noting that the global financial system (and banking) is wholly unsuited to Islam, mainly due to its many concepts of unbacked money, non-guaranteed trading of value, and of course interest (or usury as Islam sees it).

Would be really interesting to dig deeper into this, if only from a sociological perspective. The concept of Bitcoin being halal/haram has been debated for at least ten years in Muslim governments.

The only reason they don't condemn the global financial system is because it's everywhere. Ideologically they could/should be against UT but it's practically impossible to do. They can't start bartering again. This is indeed quite an interesting topic but I think the bottom line is pretty clear. They will loosen up laws against certain things (e.g. Gambling, drinking etc) when they eventually get influenced by the west. So you could look at Turkey as a buffer state for Asia against the west. But slowly they do adopt the lifestyle of the west partially.

Cubanlinx81

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The are just afraid of the ability bitcoin has to free the people in the Islam world of the corrupt governments many of them live under. Charging interest is forbidden in Islam; not profiting for an investment. This a very good example of FUD being used to distract people from the potential of bitcoin.

dietmarfritz59

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This seems like not a great source. The article may be true yes, but who will really listen. Will Islams not invest anymore, or is this just something to draw attention to Bitcoin?

buwaytress

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Gotta hand it to whomever gave them this idea, and to the journalist who caught it! Turkey is one of those hard-to-place countries when it comes to Islam. Secular since last century, yet a hot bet for extremism in the midst of ongoing efforts to embrace Western values. Gambling and alcohol, clearly prohibited, are okay.

It is worth noting that the global financial system (and banking) is wholly unsuited to Islam, mainly due to its many concepts of unbacked money, non-guaranteed trading of value, and of course interest (or usury as Islam sees it).

Would be really interesting to dig deeper into this, if only from a sociological perspective. The concept of Bitcoin being halal/haram has been debated for at least ten years in Muslim governments.

ivanpoldark

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One of the main features of Islam religion is a large number of different movements inside it. Iran`s and Arab Emirates government welcomes bitcoin and blockchain techology, maybe they have political harmony with their local islamic religious leaders. Actually, it is very strange to hear that particularly turkish muslims goes against bitcoin, i thought it is quite secular country.

Mark Promo

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Religious figures should do their work. When they begin to interfere in the economy and finance of the state, this always ends badly.

hatshepsut93

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Any religion can be used to justify almost anything because such systems are based on blind trust - believers very often agree with anything their clergy tells them without trying to reach any conclusions on their own by reading holy texts of their religion. So, the statement that Bitcoin does not suit Islam can not be logically proven as true or false - different religious leaders will have different opinions, so what is really important is who will have more influence and followers in the Muslim community. Bitcoin is probably still of the radar of most mainstream religions, but it's likely that we'll start hearing more statements in the future as Bitcoin's popularity increases.

bbc.reporter

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They will throw everything at it including the kitchen sink hehe. On reading that news, I now truly reckon that bitcoin has finally arrived and reached the mainstream.

Also, who would have imagined a religious organization would make a comment against bitcoin 3 years ago?

Slow death

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and what is it that fits Islam? will it be the terrorist attacks? the disgusting customs they have? They should not go on giving a nonsensical hunch with this weird religion. At the end of the article it says the following:

" Interestingly enough, the authorities of Iran, one of the most conservative countries in the world with very strong Islamic traditions, did not say anything about Bitcoin in terms of religion, at least lately. What they actually stated on cryptocurrency is that they are ready to welcome it after the necessary regulations are developed. "

what matters is what will the government do

sindikat

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Quote from: Guardian.P on November 30, 2017, 02:05:35 PM

do not think that I as a prejudiced attitude to Islam, but not only bitcoin does not suit Islam, there are many things that do not arrange, Again look at the bad side of this coin is not to find a positive

I don't like Islam and I do not hide. Islam is against bitcoin. Many supporters of this religion lives in poor countries. If bitcoin will help them get out of poverty they will get a good education. This will mean that Muslims will become atheists. Where Islamists to recruit terrorists? All the troubles in the world from poverty.

darkangel11

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Bitcoin is not controlled by any authority and has properties which easily allow its use as a means of money laundering, it is not good for those who consider themselves devout followers of Islam.

Since when are the followers of a religion so concerned with control and authority? Shouldn't a religion be something more than a group of slaves controlled by a central government. What if that government had decided that calling for prayers is against the law as it disturbs people? I'm pretty sure those "religious figures" would quickly start to instigate people against the law and the government. They are law abiding citizens as long as it fits them and as long as their pockets are full.

Guardian.P

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do not think that I as a prejudiced attitude to Islam, but not only bitcoin does not suit Islam, there are many things that do not arrange, Again look at the bad side of this coin is not to find a positive

meer45

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This statement made me laugh. It's obviously a placeholder of a statement, until the government expresses their opinion. The government will definitely not be thinking about bitcoin positively, but I think they haven't done the necessary research yet to come up with solid arguments against it. That's why this initial message was sent out to frighten people off of bitcoin, before the government assumes a position officially.

fanatseal2

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The conservative religious organization has declared that Bitcoin, the most famous cryptocurrency and right now, also the most expensive one, is not corresponding with the principles of Muhammad’s teachings. This organization, quite surprisingly, resides not in the Middle East, where in some countries, the TV shows are dedicated to what suits Islam and what does not, but in the relatively secular Turkey.

The Diyanet, which is how the Directorate of Religious Affairs in Turkey is also called, has stated that because Bitcoin is not controlled by any authority and has properties which easily allow its use as a...Read more BTC

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