Who holds that it is halal?

Many contemporary scholars (for example Mufti Muhammad Abu-Bakar, 2018): Bitcoin and similar coins are treated as digital assets with real value, permissible to buy, hold and trade on the spot.

Who holds that it is doubtful?

Majelis Ulama Indonesia (2021): Not permitted as currency; permitted as a tradable commodity only if it has an underlying asset and clear benefit.

Who holds that it is haram?

Egypt's Dar al-Ifta (2018): Prohibited because of excessive uncertainty and its use to avoid oversight.

Is cryptocurrency halal?

Scholars differ. Scholars and fatwa bodies are divided on whether cryptocurrency is a legitimate form of wealth.

Scholars differ · Crypto · From the Halal or Not? rulebook, checked 28 September 2026

The views, and who holds them

Held by	Verdict	Reasoning
Many contemporary scholars (for example Mufti Muhammad Abu-Bakar, 2018)	Halal	Bitcoin and similar coins are treated as digital assets with real value, permissible to buy, hold and trade on the spot.
Majelis Ulama Indonesia (2021)	Doubtful	Not permitted as currency; permitted as a tradable commodity only if it has an underlying asset and clear benefit.
Egypt's Dar al-Ifta (2018)	Haram	Prohibited because of excessive uncertainty and its use to avoid oversight.

Worth knowing

Whatever the view on the coin, lending it for interest, leveraged trading and gambling tokens are prohibited. Check a specific coin on the Halal or Not? home page.

Quick answers

Is cryptocurrency halal?: Scholars differ. Scholars and fatwa bodies are divided on whether cryptocurrency is a legitimate form of wealth.
Who holds that it is halal?: Many contemporary scholars (for example Mufti Muhammad Abu-Bakar, 2018): Bitcoin and similar coins are treated as digital assets with real value, permissible to buy, hold and trade on the spot.
Who holds that it is doubtful?: Majelis Ulama Indonesia (2021): Not permitted as currency; permitted as a tradable commodity only if it has an underlying asset and clear benefit.
Who holds that it is haram?: Egypt's Dar al-Ifta (2018): Prohibited because of excessive uncertainty and its use to avoid oversight.

Sources

Halal or Not? rulebook topic “Cryptocurrency in general”, live answer (checked 28 September 2026)
Many contemporary scholars (for example Mufti Muhammad Abu-Bakar, 2018)
Majelis Ulama Indonesia (2021)
Egypt's Dar al-Ifta (2018)

Information, not a fatwa. Where scholars differ, this shows the main views so you can follow the one you already follow or ask a scholar you trust.

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