In a recent article in an Urdu-language daily, Pakistani scholar Dr. Mubashir Husain Rehmani examined several fatwas issued from the leading madrassas in Pakistan and India, saying that shari'a forbids the sale and purchase of cryptocurrencies.
In the article, "The Opinion Of Learned Muftis And Established Dar-ul-Iftas Regarding Cryptocurrency," Dr. Rehmani cited fatwas from Darul Uloom Deoband of India and the Jamia Darul Uloom of Karachi, Pakistan, and urged Muslim youths to refrain from cryptocurrencies.
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