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Ruling on trading in digital currencies in Iraq - doaausef3li - 07-13-2024
Ruling on trading in digital currencies in Iraq
The International Union of Muslim Scholars issued a fatwa regarding the ruling on trading in digital currencies in Iraq and in Arab countries. He published on his website the fatwa issued by the Jurisprudence and Fatwa Committee regarding dealing in these encrypted digital currencies. Which prohibits dealing in these virtual currencies in their current state. And prohibiting its manufacture or circulation.
حكم العملات الرقمية
The committee explained some of the reasons on which it based its fatwa. Among them is that these encrypted digital currencies do not meet the pillars and conditions of money according to economists and jurists. Which includes the ruling cash currencies. It should be average among all funds so that funds can be estimated using it. The percentage for all funds should be one percentage.
RE: Ruling on trading in digital currencies in Iraq - wenoye - 09-12-2024
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