Asslamualaikum Thanvir, I apologize for not seeing your comment earlier. So I think now I have no doubts on trading and can go for muftis who says it is halal and countinue it by the name of ALLAH . However, I have a few questions regarding the screening of crypto projects:
1. I have traded in coins that are deemed halal by one reliable source and have made a profit from them and now want to spend for personal expense but these coins are later deemed haram by another reliable source, what should I do in this situation?
2.You recommend trading in coins verified by two sources, but I often have the opportunity to trade in coins that have only been screened by one source, as they tend to be more volatile. I am unsure if I should invest the time and effort to do my own research on these assets, as I may not have the knowledge or expertise to do so effectively. What would you recommend in this situation?
3. The sources that you mostly mention in your articles , ShariahLife and Crypto Muslim, so they are qualified and reliable in providing guidance on the permissibility of cryptocurrency assets from an Islamic perspective? We can trust on them? Can you tell me more about the people behind these organizations and their qualifications?”
4. If a cryptocurrency project is deemed halal and has received investment from reputable companies, but its Twitter account is inactive and the project is fundamentally losing value, should I still consider trading in it? As traders often look for short-term charts to make a profit you know?
5. You mentioned that coins can be verified by one source, but you did not specify which source. As it is important for me to invest in reputable sources, could you elaborate on how you determine which sources to trust for screening and their qualifications?
By the way, I am from Pakistan…
