Tag: Indonesia
Digital Currencies Potentially Haram
Recently, the Indonesian Ulema Council issued a fatwa banning the use of cryptocurrencies as a currency. The fatwa also prohibits the use of cryptocurrencies in…
Indonesian Blockchain Association Welcomes Discussion Among Islamic Scholars to Justify Crypto Trading
The Indonesian Blockchain Association is Indonesia’s official blockchain and digital asset association. The growth of the crypto asset industry in Indonesia is showing a huge…
Government Backed Monetary System Launched In Indonesia By Kinesis
Kinesis, a gold-backed monetary system based in the Cayman Islands, has launched a Sharia-compliant version of its product in Indonesia, setting the stage for wider…