Today news
About the same in other media
Major Indonesian Islamic organization declares crypto 'haram' — or forbidden
Reading now: 165
cointelegraph.comThe East Java branch of one of Indonesia’s largest Islamic organisations Nahdlatul Ulama (NU) has issued a Fatwa deeming the use of cryptocurrency ‘haram’, or forbidden, under Islamic law.
A Fatwa is a nonbinding legal opinion on Islamic law, which is reached through a discussion called a bahtsul masail. Representatives from the Nahdlatul Ulama (PCNU) Branch Management and several Islamic boarding schools throughout East Java attended the bahtsul masail.
Interest in cryptocurrency has surged in Indonesia over the past year. Earlier this month, a report by Coinformant reported that Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto during 2021.
Indonesia is home to the largest population of
Read more on cointelegraph.comAbout this in other media
Cryptocurrency here to stay, needs regulation: Experts to Parliamentary panel economictimes.indiatimes.com /2 years ago
As crypto prices soar, cyber criminals target exchanges economictimes.indiatimes.com /2 years ago
RBI, crypto players meet for the first time, discuss grey zones economictimes.indiatimes.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
