Bitcoin declared halal (permissible under Islamic law).

in bitcoin •  7 years ago 

Bitcoin declared halal (permissible under Islamic law).

This is not the kind of news that most Westerners would typically pay attention to.

They don’t realize that ...

• Approximately 1 in 4 people in the world are Muslim.

• They hold an estimated 5.8% of the world’s wealth (compared to 3.3% held by Hindus and 1.1% by Jews).

• And now that Bitcoin ownership is permissible, they could be another new source of demand for cryptocurrencies.

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