Topic: Is Bitcoin Halal or Haram: A Shariah Analysis - page 2. (Read 600 times)
How ridiculous is this topic.I think bitcoin is an investment source.How could an investment source be a hurdle?I think it's ridiculous to block investments with this kind of ridiculous thoughts.
Bitcoin is an asset or an item. In Islam buying and selling or exchanging money with goods is lawful provided that done in cash. In this case the sale and purchase of bitcoin is in accordance with the law.
Gambling is forbidden to all Christians and Muslims, as is loaning money. But money is not forbidden. Now in reality there is no god so we are just talking about the ideas of men.
I am a Muslim and I am still a layman of Islamic shariah, but I conclude that bitcoin is a form of advancement, in which the buying and selling process begins with the barter process, barter removed after the invention of paper money or metal currencies, and now the era Modern emerging digital currencies as a means of transaction.
Bitcoin itself has met some requirements to be a tool of transactions, but not everyone can receive technological progress.
To make halal bitcoin is only a matter of time, just as it was the first time the internet surfaced.
Bitcoin itself has met some requirements to be a tool of transactions, but not everyone can receive technological progress.
To make halal bitcoin is only a matter of time, just as it was the first time the internet surfaced.
Is fucking 9 year old little girls halal or haram?
Do you think muhammed cared when he was nailing Aisha about such things? I think Bitcoin is a little less bad than pedophile. Carry on.
Totally halal...
" Aisha was six or seven years old when she was married to Muhammad with the marriage not being consummated until she had reached the age of nine or ten years old"
Do you think muhammed cared when he was nailing Aisha about such things? I think Bitcoin is a little less bad than pedophile. Carry on.
Totally halal...
" Aisha was six or seven years old when she was married to Muhammad with the marriage not being consummated until she had reached the age of nine or ten years old"
I honestly agree with you, kosher.. halal. but please, do not take this topic in a sensitive direction. this is not about Muhammad.SAW. it's about how bitcoins can be clearly understood by everyone. and Muslims not hesitate when they want totality to digging, studying, owning and exploring the bitcoin and blockchain. I am sure we will be happy if all can unite, have the same view about bitcoin.
The idea of creating a new currency based on cryptography. Another use of cryptography can support people's lives in the field of buying and selling digital currencies called cryptocurrency. Cryptocurrency is a digital currency that is not regulated by the government, and does not include the official currency. This concept is the basis in the birth of digital currencies that we are currently familiar with the term Bitcoin, which is used as a means of payment like the currency in general.
Pros and cons regarding the use of Bitcoin currency as a means of payment, occurs not only in Indonesia, but also in other countries. This is because Bitcoin has not fulfilled some elements and criteria as currency applicable in Indonesia. Bitcoin is also not a currency issued by the state, but issued through the cryptography system of computer networks. In terms of being, Bitcoin is not a coin, paper, silver or gold.
for me personally, bitcoin is legitimate and lawful, as long as bitcoin is not used for the purpose of speculation, cheating, and other criminal purposes. halal to be used as an investment tool, to be halal which requires similar currencies and values to be the same and cash is also fulfilled because Bitcoin transactions exchange currency between Bitcoin. unless otherwise different, the bitcoin may be exchanged for Rupiah, Dirham, United States Dollar or any other currency.
If viewed from the point of view of the advantages and disadvantages of Bitcoin have both if used as currency, namely the absence of a legal umbrella that regulates the circulation of Bitcoin currency. In addition there is no single institution that is responsible if there is abuse against Bitcoin such as theft, money laundering, fraud, and other criminal acts. Bitcoin has no recognition of national borders, is unaffected by political conditions in government, acts as a protected value of inflation, and as a new form of community savings that is applied with a system that is not troublesome because the role of the bank as an intermediary has been eliminated.
this I still not understand, I still need to learn a lot about cryptography and blockchain, in fact I also have not really understand about bitcoin. right now i'm reading a lot of sources about bitcoin. my understanding is still limited about maker, supplay, wallet, and bitcoin market. including about the basic functions and laws of money in a country. Pros and cons regarding the use of Bitcoin currency as a means of payment, occurs not only in Indonesia, but also in other countries. This is because Bitcoin has not fulfilled some elements and criteria as currency applicable in Indonesia. Bitcoin is also not a currency issued by the state, but issued through the cryptography system of computer networks. In terms of being, Bitcoin is not a coin, paper, silver or gold.
for me personally, bitcoin is legitimate and lawful, as long as bitcoin is not used for the purpose of speculation, cheating, and other criminal purposes. halal to be used as an investment tool, to be halal which requires similar currencies and values to be the same and cash is also fulfilled because Bitcoin transactions exchange currency between Bitcoin. unless otherwise different, the bitcoin may be exchanged for Rupiah, Dirham, United States Dollar or any other currency.
If viewed from the point of view of the advantages and disadvantages of Bitcoin have both if used as currency, namely the absence of a legal umbrella that regulates the circulation of Bitcoin currency. In addition there is no single institution that is responsible if there is abuse against Bitcoin such as theft, money laundering, fraud, and other criminal acts. Bitcoin has no recognition of national borders, is unaffected by political conditions in government, acts as a protected value of inflation, and as a new form of community savings that is applied with a system that is not troublesome because the role of the bank as an intermediary has been eliminated.
Is fucking 9 year old little girls halal or haram?
Do you think muhammed cared when he was nailing Aisha about such things? I think Bitcoin is a little less bad than pedophile. Carry on.
Totally halal...
" Aisha was six or seven years old when she was married to Muhammad with the marriage not being consummated until she had reached the age of nine or ten years old"
Do you think muhammed cared when he was nailing Aisha about such things? I think Bitcoin is a little less bad than pedophile. Carry on.
Totally halal...
" Aisha was six or seven years old when she was married to Muhammad with the marriage not being consummated until she had reached the age of nine or ten years old"
I am a Muslim and do not understand Islamic syariat in depth. before I know bitcoin I invest and trading FOREX and a friend introduce me with bitcoin and trading bitcoin and altcoin here I can say bitcoin halal karna from transaction aspect no usury and fund which we ivetasikan can not be lost and burned because the price reduction as FOREX
sharia cannot be understood it never was final, there are some historic parts like amputation for theft,etc.
sharia can be achieved in multiple ways, currently many muslims apply a humanist interpretation of sharia.
this is completely different compared with the historic sharia which main goal was the expension of wealth and power for the muslim nobility.
regards
I am a Muslim and do not understand Islamic syariat in depth. before I know bitcoin I invest and trading FOREX and a friend introduce me with bitcoin and trading bitcoin and altcoin here I can say bitcoin halal karna from transaction aspect no usury and fund which we ivetasikan can not be lost and burned because the price reduction as FOREX
sharia cannot be understood it never was final, there are some historic parts like amputation for theft,
etc.
sharia can be achieved in multiple ways, currently many muslims apply a humanist interpretation of sharia.
this is completely different compared with the historic sharia which main goal was the expension of wealth and power for the muslim nobility.
regards
I think we should look at the bitcoin law on how to get it.
if we get a bitcoin from a campaign, i think it's no problem.
but the more specific issue is bitcoin trading, because the people's paradigm about bitcoin is haram, and we need to straighten their assumptions.
and if we talk about bitcoin trading law, I think the law is still debated, and my attitude is to leave things unclear. because leaving the unclear is more survived.
and this is my attitude about bitcoin trading.
for me this is quite clear, as long as it is not used to do things that harm others, criminal transactions, fraud, and all evil actions. I am not seeking justification for my actions. but I do not see if bitcoin deviates from the wrong things. Bitcoin with blockchannas is quite transparent, the transactions can be seen, the value is also there. but it becomes different if it is linked to the law of a country, seeing very high bitcoin price movements, the volatility is sometimes extreme, I understand if there are some countries including my country (Indonesia) worried if there is a bubble, because each country has a policy to protect economic conditions them, and do not want a crisis because the currency is not used. I also accept whatever policy my government in my country is about bitcoin. if we get a bitcoin from a campaign, i think it's no problem.
but the more specific issue is bitcoin trading, because the people's paradigm about bitcoin is haram, and we need to straighten their assumptions.
and if we talk about bitcoin trading law, I think the law is still debated, and my attitude is to leave things unclear. because leaving the unclear is more survived.
and this is my attitude about bitcoin trading.
What is being taught in that law that a muslim should not engage is gambling. Bitcoin is a currency and at the same time it is like a commodity like gold and thus it cannot be considered gambling.
why would you even say that? i mean it is so irrelevant here. bitcoin is obviously a currency and even if some groups don't see it as a currency they will see it as some sort of investment (a commodity for instance) but i do not believe there is anyone in the whole world who even thinks bitcoin is gambling!!!
What is being taught in that law that a muslim should not engage is gambling. Bitcoin is a currency and at the same time it is like a commodity like gold and thus it cannot be considered gambling.
why would you even say that? i mean it is so irrelevant here. bitcoin is obviously a currency and even if some groups don't see it as a currency they will see it as some sort of investment (a commodity for instance) but i do not believe there is anyone in the whole world who even thinks bitcoin is gambling!!!
why you guys always bring religion into anything? especially when you have 4/5 different paths called MAZHAB and always your Leaders (Imams) are just opposing each other?
Bitcoin is very universal, believe me, it's not about religion, but about how we treat Bitcoin widely. I do not intend to make a conflict, I just want to find a clarity, especially for some people who still have a narrow view of Bitcoin. so I hope you do not direct the conversation on things that can make a mess. create an opinion and constructive feedback, and can help people think positively about Bitcoin. if anyone has a different view, then cherish him. 
I think we should look at the bitcoin law on how to get it.
if we get a bitcoin from a campaign, i think it's no problem.
but the more specific issue is bitcoin trading, because the people's paradigm about bitcoin is haram, and we need to straighten their assumptions.
and if we talk about bitcoin trading law, I think the law is still debated, and my attitude is to leave things unclear. because leaving the unclear is more survived.
and this is my attitude about bitcoin trading.
if we get a bitcoin from a campaign, i think it's no problem.
but the more specific issue is bitcoin trading, because the people's paradigm about bitcoin is haram, and we need to straighten their assumptions.
and if we talk about bitcoin trading law, I think the law is still debated, and my attitude is to leave things unclear. because leaving the unclear is more survived.
and this is my attitude about bitcoin trading.
I think it's very interesting to get the Islamic perspective on Bitcoin and like everything, it all depends what Bitcoin is used for also. If you are lending out Bitcoin to earn interest, then it becomes a haram act, but if you are lending out Bitcoin to someone doing business and you earn a profit share in that business, then it becomes halal. So I think everything even with Bitcoin is not black and white. Everything comes from intention, positive or negative but Bitcoin seems more halal to me than paper money as it has a limited supply, like gold and it's not inflationary. 
"if you lend Bitcoin to someone who does business and you get a share of the profits in that business, then it becomes lawful/halal". <- this is called shari'a. Investing in a business. then get the revenue share.all back to the intentions and how we use them
Great stuff guys! Good to know for anyone, muslim or not.
thank you for taking the time to write here. Bitcoin for all walks, for all religions, for all races, for all nations, for all humans. not discriminating. but in managing what he has, it becomes his right to believe in him. not to blame or to judge.I can say that bitcoin is completely halal because when we store bitcoin in a wallet, the amount of bitcoin we store does not increase and does not decrease then bitcoin free from 'riba'. Different when we save money in the bank, then every month the money we save in the bank will experience the addition or reduction that they call the 'interest rate'. But, the legal bitcoin can be haram when we use bitcoin for things that are not allowed by Islam such as gambling.
so we agree, not Bitcoin that is the problem, but how to use it that makes in halal or haram.
why you guys always bring religion into anything? especially when you have 4/5 different paths called MAZHAB and always your Leaders (Imams) are just opposing each other?
Related to hot news halal and haram bitcoin or other virtual currency. I have no opinion or fatwa to accuse. As for my thoughts, like a knife, if used to cook he has a law of halal. but if used to act crime then he entered the law haram.
Try to think, halal and haram the knife. not the knife that has the nature of halal or haram. but the behavior of people who use that. so anyway we treat bitcoin and use cryptocurrency like what. that is what determines halal or haram in the eyes of god.
About Shari'a. in cryptocurrency knows no hidden costs. in contrast to bank loans either government or private. they always have hidden costs and tricks. this is called usury. inside bitcoin and aother cryptocurrency does not exist.
I agree with you, the most I underline is usury. for me:Try to think, halal and haram the knife. not the knife that has the nature of halal or haram. but the behavior of people who use that. so anyway we treat bitcoin and use cryptocurrency like what. that is what determines halal or haram in the eyes of god.
About Shari'a. in cryptocurrency knows no hidden costs. in contrast to bank loans either government or private. they always have hidden costs and tricks. this is called usury. inside bitcoin and aother cryptocurrency does not exist.
- far from usury
- Not Relying On Fortune (Gambling)
- Unclear transactions (Gharar), this means, when economic transactions must be ensured in advance the type, quantity, quality, condition of goods or economic products so that no one mutually harmed.
- Accountable; meaning transparent. Thus, in the future, although the problem will be clear and there will be no accusation because of unrecorded transaction issues.
I think Bitcoin with its Blockchain already has an accountable element, the rest depends on who uses it.
Is Bitcoin Halal or Haram: A Shariah Analysis
Your analysis and the others stupid reasoning are all not important. Top cleric decides. Your reasoning is a justification to do something not allowed. https://qz.com/1171431/egypts-bitcoin-fatwa-cleric-bans-bitcoin-trading/
More brilliant analysis that tries to make it halal. Boss says it is haram. Therefore haram. Do you really want to burn in hell? Then keep up your dumb reasoning.
I can say that bitcoin is completely halal because when we store bitcoin in a wallet,
I can say that bitcoin is completely halal because when we store bitcoin in a wallet, the amount of bitcoin we store does not increase and does not decrease then bitcoin free from 'riba'. Different when we save money in the bank, then every month the money we save in the bank will experience the addition or reduction that they call the 'interest rate'. But, the legal bitcoin can be haram when we use bitcoin for things that are not allowed by Islam such as gambling.
Great stuff guys! Good to know for anyone, muslim or not.
Jump to: