Recorded scholarly positions on Bitcoin differ: the register below holds 4 ruling(s) spanning 4 stance(s), each quoted verbatim with its year and scope.
3
3 stances
Guide
Malaysia Securities Commission Shariah Advisory Council 2020 · scope: spot
Indonesia MUI (Majelis Ulama Indonesia) 2021 · scope: general
UAE Fatwa Council 2024 · scope: general
3
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Overview
The record · body · year · position · basis
The rulings record
One row per collected ruling — the body named, the year attached, the position and its scope as recorded.
Body
Position
Year
Scope
Basis
Malaysia Securities Commission Shariah Advisory Council
Permitted
2020
spot
“Digital currency in this form is categorized as 'urudh and it is not a currency from Shariah perspective... [permissible for trading]”
Indonesia MUI (Majelis Ulama Indonesia)
Not permitted
2021
general
“Penggunaan cryptocurrency sebagai mata uang hukumnya haram”
UAE Fatwa Council
Conditional or withheld
2024
general
“Our current position is 'tawaquf'; we can't say it is halal or haram, but we say it is better not to engage in it”
3 rulings
02
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Overview
Frequently asked questions
Is Bitcoin halal?›
Positions differ between ruling bodies; the record quotes each verbatim without issuing a single verdict.
Is leveraged trading treated the same as spot?›
No — several bodies rule on margin and futures separately from spot ownership.