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The ruling on trading in electronic currencies in Iraq - Printable Version

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The ruling on trading in electronic currencies in Iraq - doaausef3li - 09-24-2024

The ruling on trading in electronic currencies in Iraq

The emergence of electronic currencies came in the modern era about ten years ago, and therefore there is no explicit advice regarding the decision on the matter of these currencies and the extent of their permissibility or prohibition, as it is not completely clear to the audience of scholars and imams of jurisprudence in the modern era all the data that helps them determine the truth of these virtual currencies, and therefore we find a lot of variation in the opinions of scholars regarding them, especially since they are all opinions of interpretation that do not have explicit basis on the ruling on trading in electronic currencies in Iraq.حكم العملات الالكترونية بالعراق
According to the provisions of Islamic law, currency is anything of value, and it is natural that the value of the currency does not fluctuate quickly, which ensures the use of currencies in exchange with other goods of similar value, and based on that, wheat, for example, can be considered a currency because it has value, and therefore it can be exchanged with any other commodity of the same value. Over the ages, currencies have appeared, which have become the known means of exchange in the whole world, and despite being made of papers that have no intrinsic value; Their real value lies in the classification and categories of these papers.