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Ethereum cryptocurrency deemed ‘halal’ by Islamic scholars

Ethereum cryptocurrency deemed ‘halal’ by Islamic scholars | Business Recorder

Muslim Scholars and Islamic financial advisers at Amanie Advisors have declared the usage of ‘Ethereum’ to be halal for making transactions, under certain guidelines. Ethereum is a platform that utilizes blockchain technology to create decentralized digital applications to enable users to make agreements, transactions and trade without the involvement of any third-party dealer.