British Mosque to Accept Crypto for Zakat and Sadaqah During Ramadan
There is ongoing debate amongst Islamic scholars as to whether crypto should be allowed under Islamic law. The law of Usury dictates that a speculative, fluctuating currency, or one that allows for interest, is forbidden. However, commodities such as gold are “ribawi” – sharia law compliant as long as they are transferred fully and immediately, with no fluctuation in value. Clearly though, this mosque has decided that for the purposes of zakat, allowing crypto donations will only benefit the community in the short and long term.
“From a financial perspective, the ethical aspects of an Islamic blockchain-enabled economy can help bring it into the 21st Century. The technology can enable global penetration, reaching people that currently have limited access to traditional financing, yet have a smartphone. We believe the model will appeal to non-Muslims too… Inshallah, the cryptocurrency campaign is a success and we do receive donations. If it works, I’m sure many other mosques and Islamic charities, not just in Britain but worldwide, will start doing the same.“ -MOsque Chairman Erkin Guney told CCN
Great decision for crypto and quraan
i am so much glad to see your thinkining..
you are good my dear..@melip
@upvote & @resteem
thanks from my core of heart dear that you write about islam..
@upvote &@resteem done
Your thinking about religion is so broad.thanks for sharing your view about religion.
resteem & upvote done @melip
its amazing to see your mind is so great about religion...
thank you dear @melip for such post..
@upvote & @resteem done
Great news . Thanks for your information @melip
the blockchain is slowly taking over the world, everyone has to adapt
Interesting post friend, it would be good to reach an agreement and make donations to those who need them most
Hello friend, I just saw your blog for the first time and I thought it was very interesting, you have good information, now I follow you and you have my vote, greetings
thanks for sharing, this can add knowledge to me.
post a very nice friend of debate with this which i am looking forward to whether this for islam is okay i am so from islam
Excellent information, thanks for sharing
Very good post @melip I like the way you tell about crypto tang to all Muslims
it is best and it is the truth way
Great article @melip i am a Muslim and this information is helpful and i hope all the mosque's start following the same path. I resteem the post thanks alot.
I hope hopefully can cooperate with crypto in Islam religion @melip
Mashallah,good news..
i am very glad to see your valuable informative post..
@upvote & @resteem
Subaha nallah pemandangan sangan indah dan luar bisa @melip
I do not dare to comment about haram and not, I just want to say if cripto received in all people then it is amazing.
post very good bro
you have a lot of knowledge about religion dear..
thats why you thinking better about it..
thanks dear @melip for this post