Indonesia’s Religious Leaders Rule Crypto Forbidden for Muslims

Описание: n a ruling that could have far-reaching consequences, Indonesia’s largest Islamic organization has declared cryptocurrencies haram.

The Indonesian Council of Ulema (MUI) announced its position on Tuesday following a two-day meeting in Jogyakarta to discuss whether virtual currencies are compliant with Islamic principles. The MUI has made other controversial rulings in the past, including that yoga is forbidden for Muslims and that people should avoid wearing silk or polyester garments.

MUI is responsible for Shariah compliance throughout the country. The finance and monetary departments consult them on Islamic finance matters.

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