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wah taj al-I had if a tizal i had if a team

la yahdi

the mani how a difidunya bakow. What is the Islamic ruling on?

What is the Islamic ruling on?

Cryptocourencies.

Cryptocouracies are on crypto currencies.

Cryptocourencies are a new form of decentralized commodities,

and the point of cryptocurrencies

is to be a type of currency that is not backed by a government.

It's not backed by a known institution. It's not backed by the banks.

And it is created by groups of people that generally speaking are not too sympathetic to banks and governments

Last year the FERC Council of North America

Dedicated a significant amount of time to talk about crypto currencies in our meeting, in our annual meeting, and we went over this issue in a lot of

detail and by unanimous consensus we issued a fatwa

to be more precise we will be issuing a fatwa within a week or two but the fatwa has

been finalized I have drafted the initial draft

is just going to be circulated amongst other members and then released in shawlow

to Allah maybe by next month after Hajj but it is unanimous. We all agree.

...