Ask A Question About Islam And Muslims

17 Questions

According to leading scholars like Marje’ Taqleed Sayyed Musa Zanjani in Qum, dealing with crypto is allowed provided it does not break the rules and does harm anyone. Gambling is completely different from trading. Trading has factors of the market while gambling has no factor but merely the chance, that is gambling is not allowed while trading is allowed.

Wassalam.

Some of our Maraje’ did not give opinion in crypto currency dealings, but other Maraaje’ allow that as far as it does break the government regulations and it does not harm anyone.

Price of everything can go up or down, so it is not a gambling.

Wassalam.

Yes, it will be a type of gambling when the loser has to pay the rental or booking expenses of the winner. This is a Haraam (unlawful) in Islam.

Wassalam.

Working is unlawful business like gambling is Haraam, and the money earned from unlawful work is also unlawful. It should be given back to the original owners or given to the Marje’ of Taqleed who will spend it in helping the poor believers.

Wassalam.