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Islamic Organization In Indonesia Issues New Decrees Against Cryptocurrencies That Could Shape Usage In The Country

Cryptocurrencies have been declared haram by the Tarjih Council and the Central Executive Tajdid of Muhammadiyah. The Islamic group claimed that cryptocurrencies violated Islamic law on two counts. It would be the third time an Islamic organization has spoken out against the industry, which shows no signs of slowing down in Indonesia. An Islamic group […] дальше »

2022-1-22 22:30


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Haram! Over 230 Million Muslims Told To Stay Away From Cryptocurrency Until…

Indonesia’s umbrella Muslim council — The Indonesian Ulema Council (MUI) — has passed a vote of no approval on cryptocurrency for all religious faithful in the country. The body which wields significant influence over close to a quarter of a billion Muslims residing in the world’s fourth most populous nation, gave the instruction on Thursday, […] дальше »

2021-11-13 23:08


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Indonesia’s Islam Council Bans Muslims From Trading Bitcoin, Deems Crypto As “Haram”

Indonesia’s council of Islam religious leaders has called on Muslims in the country to desist from engaging in crypto-related transactions, terming it as “haram”. According to a Thursday report by Bloomberg, Asronun Niam Sholeh, chair of religious decrees at the National Ulema Council (MUI) decried cryptocurrencies, terming them as “uncertain, wagering and harmful” pitting them against […] дальше »

2021-11-11 16:54