Meme coins, such as Dogecoin (DOGE), PEPE, and Shiba Inu, are rapidly gaining popularity due to their online culture and humor. However, their compliance with Sharia law raises serious questions. Let's explore what the Islamic principles say about these digital assets.
Sharia opinion on meme coins
Lack of intrinsic value: Meme coins do not have any real utility or ownership rights. Their value is based on trends and speculation, rather than on real economic assets.
...
6 results in 0.0090 seconds.
-
Equal Finance creates an innovative blockchain
Equal Finance develops an innovative blockchain that complies with the principles of Sharia law.
Equal Finance has achieved a significant milestone in the world of Islamic finance by introducing its own blockchain that is fully in line with the principles of Sharia law. The new blockchain is designed to provide a reliable and transparent platform for financial transactions, eliminating any tools that are prohibited by Islamic law.
Key Features of the New Blockch... -
Equal Finance: Investing in Cryptocurrencies in accordance with Sharia principles
The cryptocurrency market opens up new horizons for investing, but how can a Muslim find such investments that comply with the principles of Sharia law?
Equal Finance offers an innovative solution to this problem, allowing you to invest in cryptocurrencies in accordance with Islamic financial principles.
What is Equal Finance?
Equal Finance is a platform for investing in tokenized assets that operates in accordance with UAE law and adheres to Sharia principles. The... -
Sharia Councils and Cryptocurrency Certification: Challenges and Prospects
Lack of a single standard
Unfortunately, there is currently no single body or Sharia council that deals with the certification of cryptocurrencies on a global level. Each Islamic financial institution and Sharia council is guided by its own criteria and procedures for evaluating its performance.
Reasons for the lack of a single standard- The youth of the cryptocurrency industry: Blockchain technology and cryptocurrencies are constantly evolving, which makes it difficult to form
-
New Horizons or restricted area?
-
Created by:
Faruk
New Horizons or restricted area?
The Intersection of Halal Investment and the Crypto Industry: New Horizons or a no-go zone?
Introduction
The world of cryptocurrencies is rapidly developing, offering new opportunities for investment. However, for Muslim investors, there is a question about the compatibility of digital assets with the principles of Islam. In this article, we will look at the intersection of halal investments and the crypto industry, identify existing contradictions... -
Created by:
-
How to combine financial benefits and religious principles?
In the modern world, investing has become an integral part of the financial life of many people. However, for Muslims, the question of how to invest money without violating the principles of Islam is of particular importance." Halal investment is a solution that allows you to combine the desire for financial success with respect for religious principles.
What is a halal investment?
Halal investments are investments that fully comply with the norms of Islam,...