🚫 Beware Before You Trade!
The Most Notable Sharia Violations in Digital Transactions
In light of the significant expansion in the world of digital currencies, many people find themselves involved in transactions that carry serious Sharia risks without their knowledge. As a piece of advice, we present to you the most prominent of these violations for your awareness:
🔴 1. Uncertainty and Ignorance
Many digital currencies lack transparency, as the identity of their developers and their real projects are unknown, making them subject to uncertainty which is prohibited by Sharia.
🎰 2. Gambling and Games of Chance
Some platforms offer mechanisms similar to gambling, such as trading in derivatives or surprise boxes, which falls under the category of prohibited games of chance.
⚠️ 3. Manipulation and Fraud
Many fraudulent projects or "scams" aim to siphon off investors' money, and participating in or promoting them falls under deceit and trickery.
💸 4. Usury
Some platforms allow lending or profiting from fixed interest on digital currencies (like DeFi and Staking), which is considered explicit usury.
🪙 5. Unsupported Currencies
Currencies that do not represent anything tangible and do not correspond to a real benefit, raising a question about their legitimacy as lawful money.
🕳️ 6. Use in Prohibited Activities
Some currencies are exploited for money laundering or financing illegal activities.
✅ Sharia Conclusion:
> "Any currency or digital transaction free from uncertainty, usury, and gambling, and that is beneficial and reliable — is permissible, and anything that contradicts this is prohibited"
