Crypto Trading is Halal or Haram, what is your point of view?

in #bitcoin8 years ago (edited)


Now a days only those people who are not trading or cannot see others to earn will say its HARAM without any details.

And those who are doing Crypto / Forex Trading or anyking of investment for profit...they will try to prove its HALAL.

Investment in any business for the sake of profit is also similar type of thing where you have no physical involvement.

If i buy anything in crypto trading, there are chances of loss and profit.

We are not using any cryptocurrency for illigle or prohibited purposes.

Everyone please comment your point of views?

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I dont see why it would be Haram. In my eyes and whatever little knowledge i have i think its halal. There are no evidence to think otherwise

Halal, since you actually own the asset and there is not a bet, since in bet you either loose all the money or a fix percentage,

It is like holding any asset such as furniture , gold etc and selling it in a loss or profit

It's halal. this is my reason of investing.
Here is something for the Islamic Community to consider https://steemit.com/ripple/@alseefa/why-do-people-hate-ripple-or-stellar-lumens

I am still waiting for legit reason about this concern.

I really don't know if it's Halal or not.
On one hand it's like Gold, you buy some "grams" and wait.
But on the other hand it's like stock trading and this is not halal.