Is investing in crypto haram?

I’m genuinely wondering since it’s similar to gambling. People are making big money off of this and I want to get in, but I’m hesitant since it could be haram
 
Same question I’ve waiting to ask.

It may seem ridiculous, but there’s a possibility that it could be Haram.

Allahu Aclam
 

Galool

VIP
I’m genuinely wondering since it’s similar to gambling. People are making big money off of this and I want to get in, but I’m hesitant since it could be haram
Check out this website for which cryptocurrency is halal and which ones are haram . They don't list all but most common ones. Stay away from cryptos that deal in loans, interest, Defi, finance etc. Eg. Cryptos like AAVE and Yearn.finance are haram for this reason.

Scroll down to see the list of 50.
BTC is a straightforward cryptocurrency and has been deemed permissible by many scholars (though some do disagree. See this article). It is best understood at this point as a digital asset (as opposed to a currency just yet) and as such delayed delivery/receipt of BTC is permissible.

Check out this brothers tiktoks..




Difference of opinion among scholars.
 
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Mukhy

Somalilander | Habr Jeclo | Muslim | Barça Fan
No nigga. It is like investing in a company. Your doing it to make a profit but that company could perform poorly which hurts you.
 

Apollo

VIP
How'd you get to know a Kuwaiti?🤔

I found and got to know him on a Polkadot Ecosystem trading telegram channel.

Telegram is very popular with crypto people as it is more encrypted than Discord.

Initially, I didn't like Telegram, but after installing the Desktop version I now kind of like that program.
 
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