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Jamia Darul Uloom

Coverage of Jamia Darul Uloom in the Nexus archive.

Earliest in view: Jul 10 · 13:15 UTCMost recent: Jul 15 · 18:50 UTC
Co-mentioned in this coverage
Mufti Taqi Usmaniperson2Bilal bin Saqibperson1Pakistan Virtual Assets Regulatory Authorityorganization1Islamic bond (sukuk)topic1gold-backed tokenstopic1stablecoinstopic1Blockchaintopic1Darul Iftaorganization1Karachiplace1cryptocurrencytopic1Shariatopic1maaltopic1
Recent coverage
  • BUSINESSJul 15 · 18:50 UTCDAWN
    Crypto czar asks Jamia Darul Uloom to distinguish between speculative crypto, asset-backed tokens

    Pakistan's Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib urged Jamia Darul Uloom to differentiate between speculative cryptocurrencies and asset-backed digital tokens following a fatwa deeming crypto-based purchases impermissible under Islamic law. The regulator aims to evaluate digital assets by category, emphasizing Shariah-compliant instruments like blockchain-recorded sukuk, gold-backed tokens, and stablecoins.

  • TECHNOLOGYJul 10 · 13:15 UTCDAWN
    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.