Despite the existence of over 2000 cryptocurrencies, Bitcoin remains the most famous in the digital world. Therefore, the question often arises as to whether trading Bitcoin is halal or haram according to Islamic law. In this guide, you will find the answer.

Cryptocurrencies operate on decentralized networks using blockchain technology, enjoying transparency and traceability with some privacy. They provide global access and comply with some Islamic financial standards such as transparency. However, they do not comply with some other standards, which makes finding a clear answer to this question difficult, as Muslim traders must do thorough research to find a definitive answer.