Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 4 years ago
1. Investing in crypto currencies is allowed according to many leading scholars.
2. Receiving fixed profit is not allowed because it is a type of usury. Your investment should get you a percentage from the profit, if any. Fixed amount of income is not allowed. It should be a fixed percentage from the real profit.
Wassalam.