Is Bitcoin (BTC) Halal or Haram?
Last screened: April 2026 · Reviewed against AAOIFI Shariah Standards
✅
HALAL — Bitcoin
Decentralized digital currency with no interest-bearing mechanism
Screening Criteria
- No interest (riba) ✅
- Not gambling-based ✅
- Real utility — store of value & medium of exchange ✅
- Widely traded with deep liquidity ✅
- No leverage required ✅
Scholar’s Note
Most scholars consider Bitcoin permissible as a medium of exchange with genuine value and no inherent riba. The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and scholars such as Mufti Faraz Adam have concluded BTC is halal as a digital commodity.
⚠ This screening is for educational purposes only. For a binding religious ruling (fatwa), please consult a qualified Islamic scholar (mufti) familiar with your specific circumstances.
Our Screening Methodology
We screen every cryptocurrency against 5 criteria derived from AAOIFI Shariah Standards and scholarly consensus:
- ✓ No Riba — No interest-bearing mechanisms or yield that resembles usury
- ✓ No Gharar — No excessive uncertainty or deception in the token’s structure
- ✓ No Maysir — No gambling mechanics or purely speculative mechanisms
- ✓ Genuine Utility — The asset serves a real economic or technological purpose
- ✓ Halal Business — The underlying project does not facilitate haram activities
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