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Is Bitcoin Halal? Documented Rulings by Body

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
How the venue works

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
How the venue works

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.

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