❓ How do we know if a crypto coin is halal or haram?
When I first started trading, I asked myself this question many times. As a Muslim, I wanted to make sure my money was halal, not just profitable.
The truth is, scholars look at the purpose and use of each coin. If a coin is connected to gambling 🎰, interest (riba) 💸, or unethical activities 🚫, then it can be haram. But if the coin is backed by real use, transparency, and avoids riba, many scholars say it could be halal.
🔹 Lastly:
I believe the intention and the project matter most. I hope more Muslims research deeply before trading blindly. Faith + finance should always walk together. 🤲