Tag: Islam

The Importance of Sharia Compliance in the Cryptocurrency Industry

In the Muslim world, cryptocurrencies are not Sharia-compliant by default. In fact, most cryptocurrency-related activities are somewhat of a hot topic when it comes to religious practice. It seems things are slowly changing in a positive manner, however. Several new gold-backed cryptocurrencies compliant with Sharia law have been launched in recent months. Creating Sharia-compliant Cryptocurrencies For people not well-versed in the Islamic faith, it is important to¬†understand the concept of …
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