I honestly don’t think anyone yet knows if it’s halal or haram since they don’t really know much about crypto. Some say halal some say haram. The way I look at it, I’m not hurting anyone, I’m Not taking anything away from anyone. I accepted the fact that I might lose on an investment just like all investments. There isn’t a clear sign of this is halal or haram.
my brother, when you're selling your memecoins you are actually taking money from others pockets, as he said in the video, you're making money on false hopes and people's speculation, i was thinking the same way as you before watching it, but as now, i'm selling everything and wont touch a memecoins ever again, may Allah guide us all in the right path, Aminn
@ yes, however, they chose not to sell before me, they knew there is a chance they might lose. I lost a lot of money, but I’m Not blaming anyone, unless it was a scam.
@@AdrienCryptoTradingno bro , you are not talking the money from an other pocket if you are selling or buying on the spot. when i buy memo , i own it and free to sell it. its like buying s marketing course annd then reselling it . some memo coins are Haram in nature but you cannot just generalize it .
we change the meme coin into usdt we don't hold meme coin or use as the medium exchange as we quickly convert to USDT it means that it has the power to exchange for the Dollar so we instantly convert into USDT. FOR EX 10000 shiba inu= 1 dollar so can we trade shiba inu and sell in dollar because it has the power to exchange the dollar So please is this right way to do
This is the perfect ISLAMIC EXPLANATION I’VE ever heard regarding BUYING AND SELLING OF CRYPTO IN THE LIGHT OF ISLAMIC SHARI’AH. Thank you SHAIKH, jazakumullahu khairan.
@Fstore-nv8cb how to check if paper currency is not involved in lending and borrowing on interest or doing gambling. It is involved in all such activities dose this make it haram too? Its not the asset but its particular use that is forbidden. Likewise its not the technology but its illegal use that is forbidden. U can use a gun for self defense and to harm an other person. Owning a gun per say is not haram.
Would it be halal to do an airdrop in which there are testnet tasks that include staking, I give the testnet tokens I received for free and put them in staking as a task type and in return from that task I get points that will be converted into tokens at the end of the airdrop , is this type of staking (testnet staking) halal?
@@zainmahmood9088Is airdrop farming haram or halal, because when airdrop or any meme token is launched then a task is given and a mission is given which has to be completed by the peoples or who gets the meme token, When it is listed on any platform or exchange wallet then we get tokens or points from completing tasks and missions and then convert them into USDT and take them directly into the bank account etc. Is it halal or haram please explain 😭😭
@@MemeUncover not at all in staking your tokens incentivize the investors + project too If still you are in doubt then i highly recommend you to watch "Is staking halal by Islamic finance guru"
This is a great explanation of meme coins and Bitcoin, particularly in terms of their usability. My question is: while many coins might not be directly used for exchanging goods or services, don’t they still hold value against Bitcoin and other cryptocurrencies, functioning as assets that can be exchanged?
In my honest opinion, crypto is future cash, so ofc we cant use most of these atm but the time for crypto will come. He mentions speculation etc but that logic also applies to any other type.of investment (like stocks and shares). I personally think that all crypto will be used lile the way we use currencys today. E.g. if in 15 years I hold 10k Dogecoins, and the UK has 'Britcoin' and I want to purchase a bar of chocolate which costs 1x Britcoin, I belive It will work as a system where I input my card and pay 1 britcoin' worth but in Dogecoin (maybe 100 Dogecoins will equal 1 Britcoin). I believe the above is how financial systems will work in the future with crypto's (and yes, there was a article a long while back stating BOE wants to create Britcoin) but I hope its not a CBDC. For this reason I think all Alt/Memecoins are halal as long as their not based on anything haram/dirty (its just not implemented into financial systems yet so you call it speculative but it's definitually happening). Also the selling part his mentioned, once again that applies to stocks/shares too which is also halal (varies - has its own sharia compliance).
What do I do now? I spent 3 months on Hamster. Tomorrow, it will be list. Should I send my cions or not? I spent my time on it over 3 months and now I'm watching this right one night before. Plz help me.
But all these coins used to be like meme coins. That's how they became this big. Even bitcoin used to be worth a couple dollars when it first came out. So idk how you can consider btc, eth, sol as halal but say doge is haram
@@aboudealhajji8295 eth and sol had utility even the first day they were launched. What was the utility of a meme coin the day it was launched? Nothing just pure speculation. Btc at the start yes it could be argued it was like that. Its goal was always to be an alternative method of currency to combat government overreach and inflation. However it was always meant to be like that with the intention of slowly gaining support, which is why scholars said to stay away from it early on. But as time progressed and it became a legal tender in many countries and companies. It’s now widely considered as a valuable currency. Also your point that just because something is haram before means it can’t be halal in the future? Is that it? Because if you go to the mall and see a muslim woman you are not allowed to touch her because it’s haram. But if you married her it’s halal. Hence something that was haram once doesn’t mean it will always be haram. As long as the conditions of haram are gone then it’s halal. Your point for Memecoins. And make no mistake I am talking about completely useless Memecoins such as the millions that are made every month that are pump and dumps with no intention other than getting early buyers and developers rich. I don’t know how you can argue it’s halal when the crypto experts themselves have called it gambling. And no doubt there is levels to gambling and skill in gambling. Some are good and some are horrible. But still all haram. May Allah guide us
and what use is a picture if millions of people have the same picture? its also entirely digital so what use is the picture? cant you take a screenshot and it will serve the same purpose as a collectible? that may fall under the category of wasting money so be careful. May Allah protect us
@@donmal4448you could argue the same thing with the mona lisa. The real painting itself is worth millions. But anyone could print out the picture from the internet for free and frame it to their wall. Everything these days is entirely digital. Even the money from the banks is digital from a credit card
How about the fact that you can swap meme coins for Ethereum and swap that for bitcoin ? Does that mean it has value because you can swap it for something valuable ?
Is it halal to do crypto airdrops with multiple accounts to earn more, if the project doesn't say anything about to do it with single or multiple accounts in its guidelines? Some projects directly say not to use multiple accounts. And some even distribute the tokens to all the participating wallets at the end of the airdrop. Is it halal to make a profit from such airdrops?
Isn’t using multiple accounts for airdrops similar to cheating? The idea is to invite real people, like friends or family, to join. We should be careful because we are not allowed to act dishonestly, even if the project’s rules aren’t clear about it. Wallahu’alam.
@donmal4448 Initially, currency was backed by gold. Now, it is backed by nothing. It has unlimited supply. Printing more money brings inflation. It's like saying only the government should have the right to dig gold from ground a private person or company can not do it. Whatever govt says or dose is not always halal or right.
@donmal4448 currency is backed by what? Gold standard has long been abolished. Governments can print whatever amount they want and cause inflation. If the logic is that governments have allowed them so what if government allows driking of wine legal after 18 years of age, will it make it halal? What if government has allowed dealing in riba will it make it halal?
While everybody is agree In any business wether to loose or to win that's halal ! Because the fact is it's a business and no body force other to invest in meme coins or in stable coins everyone has a hope to win ! And many people changed their life to the best by crypto or meme coins ! The worst thing is when the man is stealing others or the poverty that leading also to do a bad things ! Memes coin while is not a robbery it's not haram but it's halal ! uncle
Mufti sab According to this most altcoins would be haram. Nothing in crypto space benefits anyone or is long term. Only bitcoin and ethereum seemed to have been good only for increasing the value of savings otherwise no one is trying to buy your altcoin to actually use it
Not true. There is a saying in the crypto world that tells you: DYOR - Do Your Own Research. Even if you want to keep the coin for a long term, you should always read about the project behind this coin and what is its utility. Example of altcoins backed by real projects: Solana (SOL) Cosmos (ATOM) Arbitrum (ARB) Polygon (MATIC) USD Coin (USDC) And many more...
sorry i am really confused so is it haram or halal? you talked about how its not giving anything value but there is not much different than meme coin and dollar or any other real currency governments can print however they want and nobody gonna question it at least in these meme coins everybody knows what gonna happen i mean everybody knows that this is a "meme" they shouldnt put their life savings on it its just quick pump so i dont see the problem if the money itself does not have value then same applies to meme coins its used to gain advantage on the market please if you see this comment reply i really need a clear explanation
What is the utility of Gold and silver unless we hunains gave it value? Its same with crypto isnt it? Why Gold is worth more then plastic or other metal? Of i buy gold and hold it until price go up and tge sold it what is the value i gave?
@@dahimnaplex2075 bitcoin can be mined with solving math problems and used as digital money and decentralized, but most of meme coins are scam and eat other people´s money, bitcoin is not scam
Dogecoin and Shiba inu are assets/currencies, and you can use it to buy things with them from more than 16-18 major companies. Please explain why they are questionable. I heard Doge is halal. However, shiba is questionable or haram due to the staking method in its blockchain, which involves interest. Can you or someone explain?
Crypto is simple buying and selling just like any other business.. This is just done digitally and will have value and use in the near future just like from internet, debt cars forked, visas forked. Everything forked.. What' is is dollar. Piece of paper. Fiat. The future is going digital hadrath. Like your video. We wer told watching TV is haraam.. Yet we make videos. 😂
@@NeedforSpeedGamesforpc can you now use gold etc to buy everything? still it was halal to acquire. paper currency has nothing backing it. governments can print whatever amount they can. inflation increases due to this fact
Assalaam O Alaykum Sheikh. I fail to understand your point about meme coin not having value. I can literally buy or sell memecoin for USDT or USDC. The concept of community applies to even regular coins such as XRP that has been going through the roof in last month. Being in this space I don’t see any difference other than the volatility. Yea i do see some coins having a haram idea behind it but there are coins that are doing amazing things such as autonomously tweeting using AI or a cute hippo. As for mindset of casino or gambling that applies to all markets including stocks. If we just look at paper money it has no intrinsic value, the only thing is people consider it as a valid medium of exchange. A crypto or meme coin is no different in that regards they are all valid mediums of exchange but some have a lot more volatility than others. I would appreciate if you can talk about this a bit more by comparing with paper currency exchange rather than superficially addressing it. Jazak Allah
@@ibraheemali9541 u said that it has a value and i think for that i kinda makes it halal So i am asking for other factors to make sure that this memecoin is halal ?
Alamduallah I’m a Muslim myself and born Muslim sooooooo - You can change meme coins to , Ethereum, Solana , USDT , or Bitcoin depending on which blockchain it built on so then you can use it !!! I’m not agreed with you ! Sir MEME COINS goes ups and downs so which means your money that you invested doesn’t always give you profit.. In Islam if any investment or business has profit and loses it’s Halal you need to study more about Islam towards investment 😊 meme coins are not Haram - many country’s such a Argentina 🇦🇷and 🇻🇪 Venezuela 🇻🇪 currency gone - 300% due to inflation… so their money has no value since 4 years of Covid so u are saying money is also haram to use or spend because it doesn’t have value … please open eyes !!! People like you misguide others sir .
I do not know about Daddy coin being halal, but as Andrew explained, the TRW coin will be halal, because it is going to be tied with the value of the organization, and is going to be basically like company shares. As long as Therealworld is halal, TRW is going to be halal. Allah knows best.
That's not true, in Islam basically everything is Permitted (Halal) unless things are bad for you or other, let take meat as an example, it is allowed to eat every type meat. Reptiles, Amphibians, Fish, Crustaceans, Mollusks, Echinoderms, Cnidarians. except the one that have claws like lion, tiger or the ones that eat waste like pigs and Vulture , so let talk about drinking, oh man! you can drink whatever you want, it is only forbidden (Haram) if it going to make you misbehave or bad for your health, so how about fruits? What you can't eat or drink is only that which is poisonous that can kill you, the same thing as Vegetables. Sex? Yeah of course it is forbidden to have sex with woman/man you're not married, and there is a lot of logical and rational reason for that. And Business? You can buy or sell whatever you want just make sure of the equality of the goods and that you didn't cheat or harm seller or the buyer. I swear, if you learn Islam you will know more and better than many of the Muslims. I dare you to read Quran and Hadith!
![Chris Langan - The Interview THEY Didn't Want You To See - CTMU [Full Version; Timestamps]](http://i.ytimg.com/vi/9miVG2xT5jY/mqdefault.jpg)
جزاك الله خيرا وبارك الله فيك يا شيخ
Very well explained. Now I no longer belive meme coins are halal.
the risk! it's too high!. many people will gain a lot and many people will lose a lot!
I honestly don’t think anyone yet knows if it’s halal or haram since they don’t really know much about crypto. Some say halal some say haram. The way I look at it, I’m not hurting anyone, I’m
Not taking anything away from anyone. I accepted the fact that I might lose on an investment just like all investments. There isn’t a clear sign of this is halal or haram.
my brother, when you're selling your memecoins you are actually taking money from others pockets, as he said in the video, you're making money on false hopes and people's speculation, i was thinking the same way as you before watching it, but as now, i'm selling everything and wont touch a memecoins ever again, may Allah guide us all in the right path, Aminn
@ yes, however, they chose not to sell before me, they knew there is a chance they might lose. I lost a lot of money, but I’m
Not blaming anyone, unless it was a scam.
@@TheTruthhurts1984 if Sharia Law have said it, then it is.
Here's your sign
Tell me halal to buy😊@@AdrienCryptoTrading
@@AdrienCryptoTradingno bro , you are not talking the money from an other pocket if you are selling or buying on the spot. when i buy memo , i own it and free to sell it. its like buying s marketing course annd then reselling it . some memo coins are Haram in nature but you cannot just generalize it .
Salaam alaikum Mufti, please keep it up with these Q&A style videos, very helpful. Jazakallah
we change the meme coin into usdt we don't hold meme coin or use as the medium exchange as we quickly convert to USDT it means that it has the power to exchange for the Dollar so we instantly convert into USDT.
FOR EX 10000 shiba inu= 1 dollar so can we trade shiba inu and sell in dollar because it has the power to exchange the dollar
So please is this right way to do
This is the perfect ISLAMIC EXPLANATION I’VE ever heard regarding BUYING AND SELLING OF CRYPTO IN THE LIGHT OF ISLAMIC SHARI’AH.
Thank you SHAIKH, jazakumullahu khairan.
Lovely & Brilliant ! Brother Faraz Jazak Allah khair kaseera. We share the name and understanding on this topic likewise.
The importance of community governance in DeFi cannot be overstated.
bro thats useless you know that
What about those meme token which DO not include INTEREST GAMBLING LENDING AND BOROWIMG and also not using in illegal activities. Is it permissible
How to check if they are not involved in these activities?
@@Fstore-nv8cbcheck is coin market cap categories.
@@Fstore-nv8cb You can check in category section in coin market cap
@Fstore-nv8cb how to check if paper currency is not involved in lending and borrowing on interest or doing gambling. It is involved in all such activities dose this make it haram too? Its not the asset but its particular use that is forbidden. Likewise its not the technology but its illegal use that is forbidden. U can use a gun for self defense and to harm an other person. Owning a gun per say is not haram.
Would it be halal to do an airdrop in which there are testnet tasks that include staking, I give the testnet tokens I received for free and put them in staking as a task type and in return from that task I get points that will be converted into tokens at the end of the airdrop , is this type of staking (testnet staking) halal?
Airdrop farming , staking all are halal if and only if the token is halal of which staking and farming you are doing
Hope that clears up JazakaAllah
@@zainmahmood9088Is airdrop farming haram or halal, because when airdrop or any meme token is launched then a task is given and a mission is given which has to be completed by the peoples or who gets the meme token, When it is listed on any platform or exchange wallet then we get tokens or points from completing tasks and missions and then convert them into USDT and take them directly into the bank account etc. Is it halal or haram please explain 😭😭
Seeking the same answer.
@zainmahmood9088 brother just don't give fatwa without knowing it properly. Staking is very similar to interest, riba, and not all staking are halal.
@@MemeUncover not at all in staking your tokens incentivize the investors + project too
If still you are in doubt then i highly recommend you to watch "Is staking halal by Islamic finance guru"
Is there any app or website till you whether any coins are halal or not ?
Tell me
Plz make video about airdrop like Cats,Notcoin and pixelverse
Its all haram, bro.
Its all haram bro
@@gamerxd3689Why
Was bitcoin haram before then as it couldn’t be used as a medium of exchange and had no utility to the person buying it?
Indeed, the same question regarding DOGE, before it had no utility and now you can buy Tesla with it. So how should we look at this islamically?
@@Anonymous-tg5ft thats interesting question i also thinking about this
But if u bitcoin was sold in exchange of 2 pizzas
There is no difference meme ciin and fiat currency, both are made out of thin air, and they have value, becouse we accept as something that has value.
This is a great explanation of meme coins and Bitcoin, particularly in terms of their usability. My question is: while many coins might not be directly used for exchanging goods or services, don’t they still hold value against Bitcoin and other cryptocurrencies, functioning as assets that can be exchanged?
السلام عليكم ورحمة الله أخي ماذا عن ستيكنج الخاص ب منصات الإكتتبات الا المركزية كاسيدي فاي يعطون نسبة مؤية عند فك الستيك من العملة نفسها هل هي ربا
But if you have a strategy not based on luck or Hope and it's profitable, is this still gambling?
In my honest opinion, crypto is future cash, so ofc we cant use most of these atm but the time for crypto will come. He mentions speculation etc but that logic also applies to any other type.of investment (like stocks and shares). I personally think that all crypto will be used lile the way we use currencys today. E.g. if in 15 years I hold 10k Dogecoins, and the UK has 'Britcoin' and I want to purchase a bar of chocolate which costs 1x Britcoin, I belive It will work as a system where I input my card and pay 1 britcoin' worth but in Dogecoin (maybe 100 Dogecoins will equal 1 Britcoin).
I believe the above is how financial systems will work in the future with crypto's (and yes, there was a article a long while back stating BOE wants to create Britcoin) but I hope its not a CBDC.
For this reason I think all Alt/Memecoins are halal as long as their not based on anything haram/dirty (its just not implemented into financial systems yet so you call it speculative but it's definitually happening).
Also the selling part his mentioned, once again that applies to stocks/shares too which is also halal (varies - has its own sharia compliance).
no judging here, Shiekh , Your friend Ibrahim said that Credit card is halal to use in some in some circumstances , is that correct ?
Shaik please please answer my question, is telegram airdrop is haram like hamster, notecoin, dog etc
What do I do now? I spent 3 months on Hamster. Tomorrow, it will be list. Should I send my cions or not? I spent my time on it over 3 months and now I'm watching this right one night before. Plz help me.
lmao how much did you get
2 usdt
😂@@phoenixgaming7778
Jazakalahu khery.
what about telegram airdrop
What's the difference from your understanding on meme coins and with ethereal or any other coin like matic then
those coins have proper utility and are used all around by major companies and even nation states
But all these coins used to be like meme coins. That's how they became this big. Even bitcoin used to be worth a couple dollars when it first came out. So idk how you can consider btc, eth, sol as halal but say doge is haram
@@aboudealhajji8295 eth and sol had utility even the first day they were launched. What was the utility of a meme coin the day it was launched? Nothing just pure speculation.
Btc at the start yes it could be argued it was like that. Its goal was always to be an alternative method of currency to combat government overreach and inflation. However it was always meant to be like that with the intention of slowly gaining support, which is why scholars said to stay away from it early on.
But as time progressed and it became a legal tender in many countries and companies. It’s now widely considered as a valuable currency.
Also your point that just because something is haram before means it can’t be halal in the future? Is that it? Because if you go to the mall and see a muslim woman you are not allowed to touch her because it’s haram. But if you married her it’s halal. Hence something that was haram once doesn’t mean it will always be haram. As long as the conditions of haram are gone then it’s halal.
Your point for Memecoins. And make no mistake I am talking about completely useless Memecoins such as the millions that are made every month that are pump and dumps with no intention other than getting early buyers and developers rich. I don’t know how you can argue it’s halal when the crypto experts themselves have called it gambling. And no doubt there is levels to gambling and skill in gambling. Some are good and some are horrible. But still all haram.
May Allah guide us
Why can't they be classed and collectibles? Like a poster can come in the same category or picture
and what use is a picture if millions of people have the same picture? its also entirely digital so what use is the picture? cant you take a screenshot and it will serve the same purpose as a collectible? that may fall under the category of wasting money so be careful. May Allah protect us
@@donmal4448you could argue the same thing with the mona lisa. The real painting itself is worth millions. But anyone could print out the picture from the internet for free and frame it to their wall. Everything these days is entirely digital. Even the money from the banks is digital from a credit card
Bitcoin blockchain have runes and brc20 protocols does that makes bitcoin haram ?
What dose these rules state?
How about the fact that you can swap meme coins for Ethereum and swap that for bitcoin ? Does that mean it has value because you can swap it for something valuable ?
Same question
Value is what crowd allocates to any asset
Is it halal to do crypto airdrops with multiple accounts to earn more, if the project doesn't say anything about to do it with single or multiple accounts in its guidelines? Some projects directly say not to use multiple accounts. And some even distribute the tokens to all the participating wallets at the end of the airdrop. Is it halal to make a profit from such airdrops?
Yes
Yes if and only if the token is halal
Isn’t using multiple accounts for airdrops similar to cheating? The idea is to invite real people, like friends or family, to join.
We should be careful because we are not allowed to act dishonestly, even if the project’s rules aren’t clear about it. Wallahu’alam.
@@zainmahmood9088plss who are you giving fatwa to all the comments here
@@zainmahmood9088what are halal telegram tokens that are getting airdrop in the next months ?
7:18 people also buy currency to hold and benefit from the price rise.
Bro what surah is this
@m.s.ahmadu its not a surah. Its the time in the video which is tagged. And the comment is relevant to that.
the currency has an actual value. anyone can make a memecoin
@donmal4448 Initially, currency was backed by gold. Now, it is backed by nothing. It has unlimited supply. Printing more money brings inflation. It's like saying only the government should have the right to dig gold from ground a private person or company can not do it. Whatever govt says or dose is not always halal or right.
@donmal4448 currency is backed by what? Gold standard has long been abolished. Governments can print whatever amount they want and cause inflation. If the logic is that governments have allowed them so what if government allows driking of wine legal after 18 years of age, will it make it halal? What if government has allowed dealing in riba will it make it halal?
Whether something is halal on something that doesnt exist. I dont know brother what to say about this.
While everybody is agree In any business wether to loose or to win that's halal ! Because the fact is it's a business and no body force other to invest in meme coins or in stable coins everyone has a hope to win ! And many people changed their life to the best by crypto or meme coins ! The worst thing is when the man is stealing others or the poverty that leading also to do a bad things ! Memes coin while is not a robbery it's not haram but it's halal ! uncle
What if meme coins become the real assets in future coz it's the new meta
Yes thats what he said. Thinking in long term
Mufti sab
According to this most altcoins would be haram.
Nothing in crypto space benefits anyone or is long term.
Only bitcoin and ethereum seemed to have been good only for increasing the value of savings otherwise no one is trying to buy your altcoin to actually use it
Not true. There is a saying in the crypto world that tells you: DYOR - Do Your Own Research. Even if you want to keep the coin for a long term, you should always read about the project behind this coin and what is its utility.
Example of altcoins backed by real projects:
Solana (SOL)
Cosmos (ATOM)
Arbitrum (ARB)
Polygon (MATIC)
USD Coin (USDC)
And many more...
sorry i am really confused
so is it haram or halal?
you talked about how its not giving anything value
but there is not much different than meme coin and dollar or any other real currency
governments can print however they want and nobody gonna question it
at least in these meme coins everybody knows what gonna happen
i mean everybody knows that this is a "meme" they shouldnt put their life savings on it
its just quick pump
so i dont see the problem
if the money itself does not have value
then same applies to meme coins
its used to gain advantage on the market
please if you see this comment
reply
i really need a clear explanation
Plz make a detailed video about airdrops plzz
What is the utility of Gold and silver unless we hunains gave it value? Its same with crypto isnt it? Why Gold is worth more then plastic or other metal? Of i buy gold and hold it until price go up and tge sold it what is the value i gave?
They are physical rather than to be digital like meme coins
@SkadiPzyshkan bitcoin is digital and it is considered halal isn't it?
@SkadiPzyshkan your bank acount and your pay card are digital too
@@dahimnaplex2075 bitcoin can be mined with solving math problems and used as digital money and decentralized, but most of meme coins are scam and eat other people´s money, bitcoin is not scam
@@dahimnaplex2075 there is no bank account without real physical money, government owns it, but memecoin is useless and scam everyone
Salam mufti sahib. so buying anything which has no real value in life is not halal? Painting? antiques? etc
Dogecoin and Shiba inu are assets/currencies, and you can use it to buy things with them from more than 16-18 major companies. Please explain why they are questionable. I heard Doge is halal. However, shiba is questionable or haram due to the staking method in its blockchain, which involves interest. Can you or someone explain?
Is pepe halal?
Crypto is simple buying and selling just like any other business.. This is just done digitally and will have value and use in the near future just like from internet, debt cars forked, visas forked. Everything forked.. What' is is dollar. Piece of paper. Fiat. The future is going digital hadrath. Like your video. We wer told watching TV is haraam.. Yet we make videos. 😂
Is trading futures haram?
Are u for real?
A simple google search can tell u it is gambling
Yes it's Haram
I heard it's haraam. Probably because it has something to do with interest
@@SweetiePie-cb9fk garar + interest + forbidden gambling
Jazakallahu khair 🥰
Jazakallahu Khayr.
Brother dollar has no value as well but we use it. And other things as well
Lol America has no value period they only destroy other countries
Value is what something derived from authenticity from the general people or the government
Yes
Does art have utility and benefit?
Even paper money is not good but we are using it?
MashaAllah well explained
جزاكم الله خيرا يا شيخ
Assalamu alaikum please what about trading
What about meme coin airdrop farming
Teligram airdrops halal or haram???
4:16 by this logic paper currency also has no value. Should we stop using it? Can we stop using it?
but you can use paper currency to buy anything.
@@NeedforSpeedGamesforpc can you now use gold etc to buy everything? still it was halal to acquire. paper currency has nothing backing it. governments can print whatever amount they can. inflation increases due to this fact
Jazakallahu khair
Assalaam O Alaykum Sheikh.
I fail to understand your point about meme coin not having value. I can literally buy or sell memecoin for USDT or USDC. The concept of community applies to even regular coins such as XRP that has been going through the roof in last month. Being in this space I don’t see any difference other than the volatility. Yea i do see some coins having a haram idea behind it but there are coins that are doing amazing things such as autonomously tweeting using AI or a cute hippo.
As for mindset of casino or gambling that applies to all markets including stocks. If we just look at paper money it has no intrinsic value, the only thing is people consider it as a valid medium of exchange. A crypto or meme coin is no different in that regards they are all valid mediums of exchange but some have a lot more volatility than others. I would appreciate if you can talk about this a bit more by comparing with paper currency exchange rather than superficially addressing it.
Jazak Allah
is gpay halal
i dont understand shortly halal or haram
But why Muslims are letting none Muslims to build these memecoins, while we don't have our own of which we can say it is halaal?
Imam I buying the dip
Salamuallaikum
So why some memecoins are comfortable like bonk, baby doge, elon...
Meme coin is a commodity (useful or valuable thing)
What makes a meme coin halal?
@alaaelatrsh5697 what makes it haram? 🤔
@@ibraheemali9541 u said that it has a value and i think for that i kinda makes it halal
So i am asking for other factors to make sure that this memecoin is halal ?
Alamduallah I’m a Muslim myself and born Muslim sooooooo - You can change meme coins to , Ethereum, Solana , USDT , or Bitcoin depending on which blockchain it built on so then you can use it !!! I’m not agreed with you ! Sir MEME COINS goes ups and downs so which means your money that you invested doesn’t always give you profit.. In Islam if any investment or business has profit and loses it’s Halal you need to study more about Islam towards investment 😊 meme coins are not Haram - many country’s such a Argentina 🇦🇷and 🇻🇪 Venezuela 🇻🇪 currency gone - 300% due to inflation… so their money has no value since 4 years of Covid so u are saying money is also haram to use or spend because it doesn’t have value … please open eyes !!! People like you misguide others sir .
legend kuwa somali ah hadaa ogaan la hayd shib inu waypa quutaan 😂😂
Can anyone justify that it is haram.....mindset could be different in halal trading also......please don't confuse the people
8:38 according to this logic bitcoin also has no value
🤲☝️🤲
BTC is the meme to
Ok 😂😂😂😂😂
Nowdays a few memcoins have usecase
Salam walaikoum!
Even utility tokens scam us. They rug or farm us, so i see no difference in both coins!
I didn't experience this in such a joking ratio haha
That's your own fault for not researching vesting schedules
Is daddy coin by andrew tate halal????
I do not know about Daddy coin being halal, but as Andrew explained, the TRW coin will be halal, because it is going to be tied with the value of the organization, and is going to be basically like company shares. As long as Therealworld is halal, TRW is going to be halal. Allah knows best.
What about MAGA Trump cpin?
Its gambling
Kon log ho tusi.
This people everything is haram towards them.
That's not true, in Islam basically everything is Permitted (Halal) unless things are bad for you or other, let take meat as an example, it is allowed to eat every type meat. Reptiles, Amphibians, Fish, Crustaceans, Mollusks, Echinoderms, Cnidarians. except the one that have claws like lion, tiger or the ones that eat waste like pigs and Vulture , so let talk about drinking, oh man! you can drink whatever you want, it is only forbidden (Haram) if it going to make you misbehave or bad for your health, so how about fruits? What you can't eat or drink is only that which is poisonous that can kill you, the same thing as Vegetables. Sex? Yeah of course it is forbidden to have sex with woman/man you're not married, and there is a lot of logical and rational reason for that. And Business? You can buy or sell whatever you want just make sure of the equality of the goods and that you didn't cheat or harm seller or the buyer. I swear, if you learn Islam you will know more and better than many of the Muslims. I dare you to read Quran and Hadith!
one day you guys will buy Quran with meme coins 😂
Then they will have value...
If you don't adhere to the rulings then why you care???
That is the true irony! 😂😂😂