Questions and AnswersCategory: QuestionsInvesting in Cryptocurrency
Abeeha Tahir asked 1 month ago

I have invested some money in cryptocurrency and at that time I didn’t know if it was halal or haram to invest money in cryptocurrency. My question is that is investing money in cryptocurrency halal or haram? And if it is haram then I would have to sell it to get the money back so would that money be halal?

1 Answers
mehdi Staff answered 1 month ago

أعوذ بالله من الشيطان الرجيم

بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ

As Salaamu Alaikum Wa Rahmatullahi Wa Barakatuh,

We hope this answer reaches you in good health and Islamic spirit.

Based on your specific question and information provided.

Based on Obligatory precaution avoid.

Since this is a precaution and not a ruling / verdict (Fatwa), you can either follow this opinion or you can refer to the next Marji on this subject.

.اَللّٰهُ أَعْلَم
(Allah(awj) Knows best)
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