Muslim Bitcoiner

[xhomerx10]

Assalamualaikum everyone..
I am Muslim and i have been using bitcoin for several months. I just learn bitcoin and i saw many a lot of devious scheme to earn bitcoin. Just like HYIP, PONZI, Gambling, Bet etc.I am very afraid of RIBA. therefore, for guidance and assistance will be appretiated

Thanks

Waalaikumsalam,,,
From my view bitcoin is not usury, because the principle bitcoin is such as currency. And bitcoin trading was not illegitimate I think because it is the principle of buying and selling and Islam allow the buying and selling. But of course if you use bitcoin for gambling is strictly prohibited by Islam. thank you

alhamdulillah, anta muslim aydhoon 

Yes, in the islamic article said that tradig its fine. By the way,  in addition to trading, do you use bitcoin for anything else?

i think there are allot of muslim bitcoin users and not because they cant use it because of there religion but that is not true. There are allot of muslims that cant use the  coin in their country because no one accept it.

Muslims are need to choose investment way thats not collide with islam rule. There some signature campaign that no contact with riba or something that haram in islam. Also muslim can trading bitcoin,trading is halal right?  

 It is certainly not Halal if you invest your bitcoin here.
I wonder what the consequence of receiving coin that had previously been involved in a transaction for that purpose or even from Primedice, BC Casino, Bitcoin Gem, Silk Road, Satoshidice etc...
Would there be a method for purifying those coins?  So many Bitcoins are tainted.

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[delliaerd]

Yeah dude, in bitcoin 's world it there's so many activities that it is not right with the religion law. I mean not easy to earn bitcoin by the halal ways more over in this forum bitcointalk. But still some site held a signature signature, so I think when You join signature campaign you will get decent money with halal ways.

[iv4n]

Good luck to all of you, I hope bitcoin will show you how to be free in the future. To take off that bandages that this system put on you.

Bitcoin here or there is the same, bitcoin shows a lot to people who can see. I hope one day we can make something big from this.

[amarjoss]

I just have one thing to tell you, stay away from gambling!
And because you seem new here, welcome to Bitcointalk

Thank you so much

[marcuslong]

Assalamualaikum everyone..
I am Muslim and i have been using bitcoin for several months. I just learn bitcoin and i saw many a lot of devious scheme to earn bitcoin. Just like HYIP, PONZI, Gambling, Bet etc.I am very afraid of RIBA. therefore, for guidance and assistance will be appretiated

Thanks

Wow theres a muslim that uses bitcoin. Its nice to hear that welcome to the bitcoin world and its nice that you post it. Now i know that there are muslims using bitcoin im thinking now that all people in the world using bitcoin. Many people here in bitcoin world that earning in many ways if you want to learn hoe to earn here just pm me, or you have a question in any ways of earning just pm me i will teach you. You are always welcome here

[beerlover]

Good luck to all of you, I hope bitcoin will show you how to be free in the future. To take off that bandages that this system put on you.

Bitcoin here or there is the same, bitcoin shows a lot to people who can see. I hope one day we can make something big from this.

Well I guess you could say that to anyone, rather everyone here in the forum. I mean, we all are trying our bests to get our hands on as much coins as possible because we all want to earn and get profits from this.

[betohell]

I just have one thing to tell you, stay away from gambling!
And because you seem new here, welcome to Bitcointalk

of course gambling should be avoided. rule of law always has a good reason. because of the possibility of losing will be greater than the chances of winning will you receive. so stay away from gambling

[novemberwoah]

Waalaikumsalam ...
We share the same from Indonesia. There are many ways that can be used. As the signature campaign or you can sell your services such as creating a logo. In my opinion it is not Riba.

[Notin2]

SALAMALIAKUM BROTHERS AND SISTERS, i do faucet and cloud mining too, it seems legal but ALLAH [SWT] KNOWS BEST

if buying and selling is not HARAM IN ISLAM, will buy and selling  some alt coins at little profit be considered as RIBA or HARAM? THANKS

[awesome31312]

What does you being a Muslim have to do with Bitcoins? Why is this thread such a big deal?

[daarul50]

can we please move this thread somewhere else

religion has no place here.

true, do not carry the name of religion in this forum because the forum is discussing the issue of people who want to succeed through bitcoin.

[awesome31312]

can we please move this thread somewhere else

religion has no place here.

That is interesting because I mentioned opening up a subsection of religion and spirituality in the politics and society section, but no one wanted to agree with my suggestion. With nowhere else to post, the forums will remain shitty and disorganized.

[Qunenin]

I just have one thing to tell you, stay away from gambling!
And because you seem new here, welcome to Bitcointalk

Follow the below mentioned rules and you are safe to use Bitcoins in any religion.

1. Staying away from gambling
2. avoid getting interest on loan
3. Do no offer any Scam service

[hermanhs09]

Assalamualaikum everyone..
I am Muslim and i have been using bitcoin for several months. I just learn bitcoin and i saw many a lot of devious scheme to earn bitcoin. Just like HYIP, PONZI, Gambling, Bet etc.I am very afraid of RIBA. therefore, for guidance and assistance will be appretiated

Thanks

Certainly a lot of scams out here in the bitcoin world. definitely do your research before you invest in any of the investment companies. If it sounds too good to be true, then it probably is.

Bitcoin promotes multiculturalism as well, so there is no discrimination against any race or religion.

[awesome31312]

Assalamualaikum everyone..
I am Muslim and i have been using bitcoin for several months. I just learn bitcoin and i saw many a lot of devious scheme to earn bitcoin. Just like HYIP, PONZI, Gambling, Bet etc.I am very afraid of RIBA. therefore, for guidance and assistance will be appretiated

Thanks

Certainly a lot of scams out here in the bitcoin world. definitely do your research before you invest in any of the investment companies. If it sounds too good to be true, then it probably is.

Bitcoin promotes multiculturalism as well, so there is no discrimination against any race or religion.

Of course, it's money. Money does not discriminate

[sbtctalk]

Where is the Fatwah on Bitcoins?

[daarul50]

Where is the Fatwah on Bitcoins?

fatwah against bitcoin does not yet exist? but I think bitcoin is a legitimate transaction

[delliaerd]

Assalamualaikum everyone..
I am Muslim and i have been using bitcoin for several months. I just learn bitcoin and i saw many a lot of devious scheme to earn bitcoin. Just like HYIP, PONZI, Gambling, Bet etc.I am very afraid of RIBA. therefore, for guidance and assistance will be appretiated

Thanks

Yeah you are absolutely right for that point. There is so many scheme in bitcoin life and also the most activities is gambling related. So you should be careful with that. I know what do you feel, because I always selective when i looking for bitcoin even i selective when i decided to join a signature campaign. But keep in right way dude because still many like you here.

[drwtsn32]

I needed to search what Riba means: https://en.wikipedia.org/wiki/Riba

Based on what I understand (please correct me if I'm wrong), gambling is not unjust. Because in a gambling game, both parties agreed on their wagers. But scams/ponzis/hyips in the bitcoin world is surely Riba.

 Riba is interest charged on a loan.  It literally means "excess"
Scams, Ponzis and hyips are either Maysir or Gharar both of which are forbidden under the Shariah.  I'm not a Muslim but I know gambling is expressly forbidden.  You might as well dye your hands in pig's blood as gamble.

Based on the definitions, I would think even mining of bitcoin would fall under Maysir unless you are considering it a hobby.  If it is done for investment, it is probably forbidden.


Ramadan Mubarak.

You got it. Thank you for clarifying. I imagine now how hard it is to be a Muslim.

[delliaerd]

I needed to search what Riba means: https://en.wikipedia.org/wiki/Riba

Based on what I understand (please correct me if I'm wrong), gambling is not unjust. Because in a gambling game, both parties agreed on their wagers. But scams/ponzis/hyips in the bitcoin world is surely Riba.

 Riba is interest charged on a loan.  It literally means "excess"
Scams, Ponzis and hyips are either Maysir or Gharar both of which are forbidden under the Shariah.  I'm not a Muslim but I know gambling is expressly forbidden.  You might as well dye your hands in pig's blood as gamble.

Based on the definitions, I would think even mining of bitcoin would fall under Maysir unless you are considering it a hobby.  If it is done for investment, it is probably forbidden.


Ramadan Mubarak.

You got it. Thank you for clarifying. I imagine now how hard it is to be a Muslim.

You are right about riba mate thanks for help to explain here.

No, not too hard as you think on your mind. To be muslim only stay in the rules and muslim will be safe.
Hmm may be you think like that because it is many prohibitions to take halal money also in the ways of earning bitcoin. But i am sure still many halal ways that muslim can take.