As for cryptocurrencies, some of them are considered halal according to some Islamic fatwas if they do not involve usury, gambling, or#halal_currenciesactivities, but it is important to understand that the ruling on the currency is based on how it is used.

1. Bitcoin (BTC):

Source: Bitcoin is the first cryptocurrency created by a person #الاستثمار_الحلال

Anonymous or a group of people "in 2009. It is a decentralized currency based on blockchain technologies.

Use: Used for digital payments and as a form of investment. No government agency interferes in its issuance or controls its value.

2. Ethereum (ETH):

Source: Ethereum is an open source project launched in 2015 by Vitalik Buterin. It is also based on blockchain but allows for the implementation of smart contracts and the development of decentralized applications (dApps).

Uses: Ethereum is also used for payments via decentralized applications. It is more advanced than Bitcoin in terms of the functionality it offers via its smart contracts.

3. Litecoin (LTC):

Source: Created by Charlie Lee in 2011, it is a derivative of Bitcoin and is faster at processing transactions.

Usage: Used as a payment method similar to Bitcoin but with higher transaction speed.

4. Dogecoin (DOGE):

Source: Launched in 2013 as a “joke” but suddenly became popular. Dogecoin is based on the same underlying technology as Bitcoin.

Uses: Mainly used as a digital currency for small transaction fees and online financing.

Halal criteria:

A currency is considered halal if it does not involve usurious transactions, interest-bearing loans, or investments in forbidden activities such as gambling or alcohol.

It is important to ensure that there are no uses of the currency that would lead to legal prohibitions.

in the end:

It is always important to consult a jurist who specializes in Islamic financial transactions to ensure that these currencies are lawful according to Islamic law.

Nothing is 100% clear, but search and whoever knows will benefit others.

#cryptocurrencies #الاستثمار_الحلال#bitcoin#ethereum#litecoin#dogecoin#islamicjurisprudence#islamictrading