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HomeCrypto EducationHow Bitcoin Can Assist Muslims Comply with The Teachings Of The Quran

How Bitcoin Can Assist Muslims Comply with The Teachings Of The Quran



That is an opinion editorial by Muslim Bitcoiner, the host of the “Muslim Bitcoiner Podcast” and a contributor for Bitcoin Journal.

Earlier than diving into the subject of Bitcoin, it’s vital to discover what the sin of “riba” truly is, and the way it’s entrenched within the present world financial system. Riba is an Arabic phrase which mostly refers to “usury, or charging an quantity of curiosity on a mortgage.” Nonetheless, riba encapsulates extra than simply cashing in on a mortgage, it can also imply exchanging of the identical kind of merchandise in unequal quantities. There are several types of riba, however for the aim of this essay, we’ll deal with that side of riba that features profiting by means of the act of lending, with out placing in any sort of work.



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