An interesting discussion point, which I will be exploring further in due course:

“The Jamia Darul Uloom Karachi seminary, whose rulings carry wide influence among Muslims well beyond Pakistan, ruled in June that, as of now, cryptocurrency is not wealth under Islamic law, and therefore not a valid means of payment.”

An interesting #crypto case from #Pakistan on many levels: "The religious ruling, or fatwa, has cast doubt on the government's rapid embrace of crypto in Pakistan, an ​Islamic nation of more than 240 million people that has long ranked among the world's largest crypto markets by ​retail activity."

— Gary R. Bunt (@garyrbunt.bsky.social) 2026-07-15T15:17:50.478Z

GRB

Digitally distracted professor. Researcher/author on Islam, Muslims and the internet. Emoji-free zone. Reposting does not imply endorsement, etc. #HashtagIslam #Islam virtuallyislamic.com

http://virtuallyislamic.com/vi2023/