A group of Muslim clerics in Pakistan has reportedly issued a religious edict (fatwa) prohibiting the use of cryptocurrencies, citing concerns over their compatibility with Islamic finance principles.
The fatwa, attributed to an unspecified group of Muslim clerics in Pakistan, reportedly declares cryptocurrency use forbidden under Islamic law. The ruling reflects ongoing debates in Muslim-majority countries about the compatibility of digital assets with Sharia finance, which prohibits interest (riba) and excessive uncertainty (gharar). In a separate but similar development, The Zioneer reported on June 9 that the Taliban in Afghanistan banned smartphone use for its members and government employees, underscoring a broader conservative trend toward restricting modern technologies.
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