Why is there controversy surrounding the XRP currency in the Islamic community?
- There is significant debate among Muslims about whether XRP is halal or haram due to its working method and its impact on religious rulings.
- XRP relies on fast and secure technologies and is used for international financial transfers at a low cost.
- Some scholars consider it permissible for its support of innovation and its lack of usury, while others have reservations due to the presence of uncertainty and some financial precautions.
- Financial security and digital wallets are very important, and XRP offers advantages such as speed, low cost, and high security.
- The future of digital currencies is promising, but the religious ruling remains a topic of ongoing discussion until consensus is achieved between religion and technology.
Would you like to know the opinion of Egyptian scholars on the subject? 🤔