Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Riya143 on July 14, 2020, 04:43:11 PM
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The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law.
Even though in most western countries today, matters related to religion and money have been independent of one another. However, in Islam, especially those following the Shariah code of ethics, the two are intertwined inextricably. Also, in the past, there have been serious efforts to introduce crypto within the world of Shariah-based cooperative finance, such as the Stellar Network and Halal Chain. By and large, this market is still quite nascent and not as mature as many from within the region would like it to be.
Read more: https://cointelegraph.com/news/shariah-law-opens-to-crypto-trading-but-full-adoption-highly-unlikely
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Indeed, the two are intertwined inextricably. Actually, almost all aspects of life are linked to and with the Shariah Law as it is imposing a very influential force in the daily lives of many people especially in the Middle East region and even in many other countries as well where the Muslim faith can be found. The Middle East represents a very big and fertile market for cryptocurrency and this is just waiting to explode.
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Must we always relate every activities to our religious belief. modern technology has made life easy leading so many lazy young people in this current world. Relating crypto trading with sharia might not go quite well because some section of the Muslim faith practice a strict rules under the sharia law. it is obvious that they might kick against this technology with every quote from the religious books.