Important for Muslim Investors in Digital Currencies
Peace be upon you,
We would like to remind you that seeking what is halal in your investments in digital currencies is not an option but a religious and ethical obligation. Halal money is the foundation of the blessing of sustenance and the success of businesses, and staying away from what is forbidden safeguards oneself, wealth, and the hereafter.
We emphasize the following:
1. Commit to choosing currencies that do not engage in forbidden activities such as usury, gambling, and unfair risk, as dealing with these matters is considered forbidden by law.
2. Carefully examine the mechanisms of profit, especially in staking, as profit must not come from usurious interest or opaque activities.
3. Only deal with trusted and transparent platforms that clearly show how profits are made and their risks, and avoid suspicious platforms that may mislead you.
4. Do not hesitate to consult trusted scholars of legitimate law if there is any doubt or ambiguity regarding the legitimacy of any currency or service.
5. Stay away from unrealistic promises of quick and massive profits, as they are often traps that violate God's law and harm your wealth.
Investing in digital currencies is a great opportunity, but our commitment to Sharia is a protection for us and our money. Remember that unlawful money has no blessing or good in it.
We ask God to provide us all with halal sustenance and guide us to what He loves and is pleased with.
