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Cryptocurrency: OneCoin

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#1 [Permalink] Posted on 2nd December 2016 20:31

The Fatwa quoted below was deliberated amongst the Scholars at Department of Darul-Iftaa (Wifaqul Ulama) and the conclusion reached after discussion was as follows:

بسم الله الرحمان الرحيم
هو الموفق
حامدا ومصليا ومسلما
الجواب ومنه الصواب

Since it is impermissible to participate in the OneCoin scheme, we advise Muslims to stay away from it.

  1. (Mufti) Amjad Mohammed (HA)
  2. (Mufti) Bilal Issak (HA)
  3. (Mufti) Faisal al-Mahmudi (Canada)  (HA)
  4. (Qadhi) Imran Sayed Falahi (HA)
  5. (Mufti) Mohammed Ashfaq (HA)
  6. (Qari) Muhammad Shoyaib Nurgat (HA)
  7. (Mufti) Zakaria Akudi  (HA)
  8. (Mufti) Zubair Dudha (HA)

Full Fatwa

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