Religious Matters

Queries pertaining to religious matters. What’s Allowed and What is Not
  • Are Meme Coins Halal or Haram ?

    Any meme coin which brings value or has a use case is Halal, if a meme coin is just being traded in hopes it will go up or down (speculative)…

  • Is Binary Option Trading Halal or Haram

    In Binary Options you are not buying a real stock or selling that stock to another person. You are betting whether the stock price will be higher or lower than…

  • Do I Pay Zakat on Cryptocurrency ?

    Yes. You do pay zakat on your cryptocurrency if it’s priced higher than 87.48 grams (7.5 tola) of gold and 612.36 grams (52.5 tola) of silver, and held for a…

  • Is CryptoCurrency Halal or Haram ?

    Allah knows best but there is no explanation to call cryptocurrency Haram as a whole. We are not islamic scholar to make a verdict but can say with limited knowledge…

  • Is Crypto Trading Halal or Haram ?

    Many Islamic scholars and financial experts argue that cryptocurrency and crypto trading are permissible based on the following factors: Cryptocurrencies Have Real Economic Value “Cryptocurrencies have a real world value…