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The Nexus
TECHNOLOGYJul 10 · 13:15 UTCDAWN[email protected] (News Desk)

Mufti Taqi Usmani declares crypto-based purchases impermissible under Islamic law

Mufti Taqi Usmani and other scholars declared purchasing goods with cryptocurrency impermissible under Islamic law, citing that crypto is not recognized as 'maal' (wealth) in Sharia. The fatwa mandates returning items bought with crypto and prohibits their use or resale.

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