Bitcoin is Declared Halal in Muslims,Crypto Market Opens to 1.6 Billion Muslims.
Bitcoin prices have risen faster than at least one hour after the price of $ 7,202.7 to $ 6,962.6.Some people believe that according to the Islamic Sharia law, a sudden increase in prices is due to cryptocurrence with the Islamic scholar. Islam is the fastest growing religion with more than 1.6 billion people worldwide.
This practice is known as diligence, that has been an important issue for the adoption of cryptokrangenti for the Muslims all over the world. Muslims of Muslims are not prohibited from Muslims at any cost, such as lending money with high interest rates,As the rest of the world started adopting new digital currency, so far, claiming claim of Muslims in quetta space was denied.
Islamic scholar Mufti Muhammad Abu Bakar published a letter addressing this issue:
"In Germany, Vitcoin is recognized as a legal currency and therefore passes as Islamic money in Germany.
In countries like America, Bitcoin does not have official legal monetary status, but accepted for payment of various traders , And therefore Islamic passes as traditional money."