Mufti Taqi Usmani declares cryptocurrency trading impermissible under Islamic law
President of Wifaq-ul-Madaris Al-Arabia Pakistan and Darul Uloom Karachi, Mufti Muhammad Taqi Usmani, has issued a detailed religious ruling declaring that cryptocurrencies do not meet the Islamic definition of wealth or property, making their buying, selling, and commercial use impermissible under Shariah. According to the fatwa, the ruling is based on extensive research and consultations…


