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Bitcoin trading is unlawful pursuant to Islamic Sharia, says Egypt's grand mufti

Retrieved on: 2018-01-01 00:47:24

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Bitcoin trading is unlawful pursuant to Islamic Sharia, says Egypt's grand mufti. View article details on hiswai:

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<div>In an official fatwa, Allam said that trading such a "<b>virtual currency</b>" was not permissible as it is not considered by legitimate bodies an "acceptable interface of exchange." Digital currencies are decentralized and not tangible, and do not represent an amount of gold or silver. Bitcoin is believed to be the ...</div>

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