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<blockquote data-quote="giggee" data-source="post: 22687861" data-attributes="member: 75685"><p><strong><span style="font-size: 12px">Egypt’s foremost religious leader, or imam, has called for a ban on cryptocurrencies including bitcoin after claiming they are forbidden under Islamic law.</span></strong></p><p><strong><span style="font-size: 12px"></span></strong></p><p><strong><span style="font-size: 12px">Sheik Shawki Allam, the Grand Mufti (the highest official of religious law) in Egypt has said it is forbidden to trade cryptocurrencies – selling, buying or leasing them – after issuing a fatwa, a ruling of Islamic law issued by a recognized authority (in this case Egypt’s Grand Mufti). The fatwa is seen as ruling under religious law and isn’t legally binding, technically. However, it’s noteworthy that Egypt’s Grand Mufti saw reason to weigh in with his take on cryptocurrencies after their growing popularity among retail investors around the world. <span style="color: Red">Allah huakbar<img src="/styles/default/xenforo/smilies/default/D.gif" class="smilie" loading="lazy" alt=":D" title="Big grin :D" data-shortname=":D" /><img src="/styles/default/xenforo/smilies/default/yes.gif" class="smilie" loading="lazy" alt=":yes:" title="Yes :yes:" data-shortname=":yes:" /><img src="/styles/default/xenforo/smilies/default/yes.gif" class="smilie" loading="lazy" alt=":yes:" title="Yes :yes:" data-shortname=":yes:" /><img src="/styles/default/xenforo/smilies/default/D.gif" class="smilie" loading="lazy" alt=":D" title="Big grin :D" data-shortname=":D" /> </span></span></strong></p></blockquote><p></p>
[QUOTE="giggee, post: 22687861, member: 75685"] [B][SIZE="3"]Egypt’s foremost religious leader, or imam, has called for a ban on cryptocurrencies including bitcoin after claiming they are forbidden under Islamic law. Sheik Shawki Allam, the Grand Mufti (the highest official of religious law) in Egypt has said it is forbidden to trade cryptocurrencies – selling, buying or leasing them – after issuing a fatwa, a ruling of Islamic law issued by a recognized authority (in this case Egypt’s Grand Mufti). The fatwa is seen as ruling under religious law and isn’t legally binding, technically. However, it’s noteworthy that Egypt’s Grand Mufti saw reason to weigh in with his take on cryptocurrencies after their growing popularity among retail investors around the world. [COLOR="Red"]Allah huakbar:D:yes::yes::D [/COLOR][/SIZE][/B] [/QUOTE]
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