For Muslim community

InnaKondratova
2 min readOct 24, 2022

A coin issued on the Haqq platform has appeared on the cryptocurrency market. The developer of this platform is the Haqq Association. The goal of the Association is to combine new digital technologies with the rules of Islamic Sharia.

The Haqq Association, first of all, seeks to expand opportunities for the Muslim world. This means that Islamic Coin complies with the principles of Islamic life in matters of morality and religion. Islamic Coin received a Fatwa based on the Holy teachings of the Quran.

But non-Muslim countries and communities will not be left out, Islamic Coin is for everyone. For people of other religions, it is worth explaining what a Fatwa is.

Recently, the world is changing very rapidly, including in the technological aspect. Muslims face situations and issues that are not explained in classical religious sources. Therefore, a wise and correct decision is needed, which allows believers to use the achievements of science, and at the same time does not contradict the provisions of Shariah. That is, a Fatwa connects Muslim legal norms and traditions with modern reality.

The Fatwa is published by prominent Muslim legal scholars who have universally recognized authority in the Muslim world. Fatwa is adopted on any legal issue and is based on the principles of Sharia.

In this case, the Fatwa confirms that the Haqq blockchain network and the digital currency Islamic Coin are Sharia compliant.

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InnaKondratova
InnaKondratova

Written by InnaKondratova

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