Question:
"Bitcoin" is very popular on the Internet these days. Bitcoin is a digital currency, one Bitcoin is worth 4187409.69 Pakistani Rupees today. In this you buy bitcoins with your own money and then you get paid on a daily basis based on the rate of bitcoins. And if you refer someone in it, his commission comes separately. Many of my friends do this and are earning good monthly income. And on their request, I want to invest money in it, but my question is: Is the money earned from this work halal or haram? You will read more about it on the internet.
ANSWER
Bitcoin or any digital currency, is just a fictitious currency, it does not have the basic characteristics and conditions of real currency at all. And today the business that is running on the net in the name of buying and selling Bitcoin or digital currency, is It is merely a fraud, there is no real sale in it, nor does this business have the Shariah conditions for the sale; Rather, it is actually a form of usury and gambling like Forex trading; Therefore, any internet business in the form of buying and selling bitcoin or any digital currency is not Shariah halal and permissible; Therefore, do not partner in Bitcoin or any digital currency business and do not act as an agent for anyone.
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