Shariah – DIGIT INFO

Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims

DIGIT — Thu, 11 Nov 2021 15:30:13 +0000

Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency Is Forbidden for Muslims Under Islamic Law in Indonesia Indonesia’s Ulema Council (Majelis Ulama Indonesia or MUI), the country’s […]

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New Australian Islamic finance DeFi platform is ‘guided by Sharia’

DIGIT — Fri, 14 May 2021 06:10:29 +0000

Islamic finance is not always compatible with DeFi’s focus on risk and yield. A new platform aims to blend the best of both.

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The Daily: Proxy Bitcoin, Simjacking, Zencash Becomes Horizen

DIGIT — Thu, 23 Aug 2018 14:33:56 +0000

In today’s Bitcoin in Brief, we’ve got details of a new interoperability alliance to create proxy tokens such as bitcoin that can be represented on a single blockchain. There’s also news of UAE’s first Shariah-compliant exchange, more simjacking shenanigans, and Zencash has a makeover. We’ve got a lot to chew over, so let’s tuck in. […]

The post The Daily: Proxy Bitcoin, Simjacking, Zencash Becomes Horizen appeared first on Bitcoin News.

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Bitcoin Continues Making Inroads in Islamic Finance

DIGIT — Tue, 21 Aug 2018 21:00:40 +0000

Exposing more consumers, corporations, and investors to the cryptocurrency industry can be done in multiple ways. One area often overlooked is Islamic finance, even though it can play a major role of importance. The First Islamic Crypto Exchange is an example of what the future may hold for Bitcoin and other cryptocurrencies. Bitcoin and Islamic ... Read more

The Daily: Binance Tracker Available in Beta, New Crypto Exchange Ready in Two Weeks

DIGIT — Mon, 20 Aug 2018 11:09:48 +0000

Leading cryptocurrency exchange Binance has announced the launch of its new market intelligence app in beta. The mobile tracker is available for Android and iOS. Also in The Daily, an IT company offers a platform to build a crypto exchange in just two weeks, Shariah compliant trading platform promises to bring Muslim crypto enthusiasts into […]

The post The Daily: Binance Tracker Available in Beta, New Crypto Exchange Ready in Two Weeks appeared first on Bitcoin News.

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