Crypto Currency Status in Islam

Mufti M. Munib Siddiqui, MBA, Dars-e-Nizami
Understand what is crypto-Currency and its status in Islamic Sharia
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Crypto Currency bitcoin blockchain status in islam
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70+ min

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Course Description

The aim of this course is letting you gain familiarity with the complexities of crypto currency: how it generates, works, distributed, and how to use it for profit making, and finally what is the sharia status of it. Either trading of crypto currency is legitimate or not? The course is designed and targets learners who does not have any knowledge of crypto currency. Feel in need to shed light on the fundamental and basic concepts surrounding the Bitcoin process, and will soon undertake an intermediate or advanced level course.

Course Goals

After taking the course, students will be able to get comprehensive knowledge of crypto-currency, its working and status in Islamic Jurisprudence. With this course we aim to introduce you with mining of a crypto-currency, brief knowledge of block chain technology. We show you how to find out the sharia status of said currency, what are the basics of fatawa.


The audience for this course is any educationist, researcher, professional trader and a junior member of a scholar team that wishes to make a contribution. This is especially useful for people who are keen to ear legitimate profits in the field of Islamic Finance. This course is useful Also, for a sharia scholars who does not have comprehensive knowledge of crypto-currency. With this course these shortcomings can be addressed.

Topics Covered

  • Introduction of Currency: Definition, Types and evolution
  • Digital Forms of Currency: Digital Currency, Virtual Currency, Crypto Currency
  • Block Chain, Bitcoin
  • Currency Mining
  • E-Wallets
  • Sharia Rulings' Objectives
  • Sources of Fatawa
  • Rulings on Trade and crypto currency

  • Requirements

    This course is a basic level course. To attend this you don’t need to have any pre-requisite information of this topic, but it is recommended that first you do some research on the basic concepts of currency from an Islamic perspective. Also, it will be helpful if you have a basic understanding of the Crypto-Currency.


    Mufti Munib Siddiqui have had the privilege of working with many research institutions over the past 8 years. He is able to bring my wealth of knowledge and industry experience into the classroom. This allows students to benefit from what he has learned over the years. You will always feel more inspired and informed after taking his course.

    Contact him on LinkedIn here: Mufti Munib Siddiqui

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    What you will get upon completion

    You will develop good understanding of crypto-Currency and its status in Islamic Sharia. After course completion, you can also get a course certificate for a fee.

    This is your sample QR verifiable certificate

    Special offers

    No special offers are available at this moment.

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