📜The use of cryptocurrency as a legal currency is not prohibited in Islam.
💡The argument that cryptocurrency is Haram due to uncertainty (raar) is flawed.
💰Cryptocurrencies can be traded as assets and have clear benefits.
🗺️The council's opinion seems to be influenced more by national law than by Islamic principles.
⚖️The council's decision lacks merit and rigor and should be reviewed.
Is the use of cryptocurrency as a legal currency prohibited in Islam?
—No, there are no restrictions in Islam on what can be used as a legal currency.
Is the argument that cryptocurrency is Haram due to uncertainty (raar) valid?
—No, the comparison to raar is flawed as the benefit of most purchases is unknown beforehand.
Can cryptocurrencies be traded as assets?
—Yes, cryptocurrencies can be traded as assets and have clear benefits.
Is the council's opinion influenced by Islamic principles or national law?
—The council's opinion seems to be influenced more by national law than by Islamic principles.
Should the council's decision be reviewed?
—Yes, the council's decision lacks merit and rigor and should be reviewed.
00:00The Indonesian Olympic Council has deemed cryptocurrency as Haram in Islam.
03:10The use of cryptocurrency as a legal currency is not prohibited in Islam.
05:56The argument that cryptocurrency is Haram due to uncertainty (raar) is flawed.
06:57Cryptocurrencies can be traded as assets and have clear benefits.
08:33The council's opinion seems to be influenced more by national law than by Islamic principles.
12:49The council's decision lacks merit and rigor and should be reviewed.
