Bitcoin is Halal as the Digital Currency does not Incur Interest, Huge Scope in Islamic Countries

By August 2, 2015Bitcoin Business

It appears Bitcoin companies could get huge impetus from the fact that Bitcoin is Halal i.e. approved by Islamic law. The first instance of any such determination came from Matthew Joseph Martin of Blossom , a 30-year-old developer who has previously worked with finance technology start-ups Boku and Xoom.

Martin came up with a Bitcoin-based service for the Muslim market by providing micro-financing in Indonesia. He sees huge potential in Islamic countries that have strict […]

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