Pakistanis' Question: Is Crypto Investing Halal?
Scholars' Responses + 100% Halal Methods!
Peace be upon you, Pakistani Investors! ❤️
Every second believer asks:
"Is it permissible to earn money from crypto?"
Today we will discuss the fatwas of 3 prominent Pakistani scholars and halal investment strategies!
🔥 Key Points from 3 Scholars:
1. Mufti Taqi Usmani:
"Proof-of-Work (PoW) coins like Bitcoin are permissible if only held/traded. But staking/lending (Proof-of-Stake) is like interest!"
2. Dr. Farukh Saleem (IIUI):
"Focus on Shariah-Compliant coins like Islamic Coin ($ISLM) or XDC Network (XDC). They include a system for zakat."
3. Mufti Nauman Niazi:
"Projects that benefit the deprived like Hedera Hashgraph (HBAR) are halal. Avoid coins with unethical businesses!"
💡 100% Halal Portfolio (2024):
- 50% Bitcoin (PoW)
- 30% Shariah-Coins ($ISLM, XDC)
- 20% Real-World Asset Tokens (Ondo Finance)
📌 Precautionary Measures:
❌ Stay away from Gambling/NFTs!
✅ Set aside 2.5% (zakat) on every transaction.
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Your Question: Do you consider crypto to be halal?
Write your answer below! 👇
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