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Major Indonesian Islamic organization declares crypto ‘haram’ — Or forbidden -Breaking

by Mike Robinson

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The East Java branch of one of Indonesia’s largest Islamic organizations Nahdlatul Ulama (NU) has issued a Fatwa deeming the use of cryptocurrency “haram,” or forbidden, under Islamic law.

FatwaA non-binding legal opinion regarding Islamic law is obtained through a discussion known as a bahtsul masail. The event was attended by representatives from Nahdlatul Ulama Branch Management as well as several Islamic boarding schools across East Java. bahtsul masail

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