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We are often looking for investment opportunities, but as muslims, we have certain things that are halal and haram. For example, someone could say i am trading 1kg of dates for 2kg of dates to be delivered to me after a month. Is bitcoin halal or haram, in the end? However, majority of scholars so far sure that trading in bitcoin is not halal because it has no value in and of itself. Trading is considered halal if exchanges are settled immediately and face to face.
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This was evident in the last year when the digital currency went mainstream to this extent, most scholars believe that cryptocurrencies such as bitcoin are actually more halal than fiat currency.
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