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Egypt's Dar al-Iftaa deems Bitcoin currency as forbidden in Islam

Retrieved on: 2017-12-31 23:11:15

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<div>Republican mufti Councellor Magdy Ashour issued a Fatwa (Islamic ruling) that deems the Bitcoin <b>virtual currency</b> as forbidden by Islam, accusing Bitcoin of being used to fund terrorism, reported Egypt Today. The mufti based his fatwa on the fact that there is no guarantee on where the money is going ...</div>

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