Mufti Taqi Usmani declares crypto-based purchases impermissible under Islamic law

Renowned Islamic scholar Mufti Taqi Usmani has declared purchasing goods with cryptocurrency “impermissible”, citing research conducted by experts so far which found that cryptocurrency does not qualify as “wealth”, it emerged on Friday. The fatwa was originally issued by Darul Ifta, Jamia Darul Uloom, Karachi, and dated 24 Zilhaj 1447 AH (June 10, 2026). Apart from Mufti Usmani, a former judge of the Federal Shariat Court, five other prominent scholars are its signatories. Responding to a qu...

By [email protected] (News Desk)