The Fatwa Secretary at the Egyptian Fatwa House said, during an episode of the “People’s Fatwas” program, broadcast on “Al-Nas” satellite channel, today, Tuesday: “Gold has its value in it. Bitcoin is an existing code and its value is in circulation. This means that when people demand a lot of it, its price rises, and good for that.” Its price is rising because it is laundering illicit money, because it is illicit money and its owners cannot enter these funds in a legitimate and legal manner in countries.”
He continued: “Bitcoin causes loss for people, destruction of money, and corruption for the country. If there is piracy on Bitcoin, your rights will be lost, and you will not be able to access your money and your rights will be lost. Therefore, it is not permissible according to Islamic law to invest in it.”
The United Media Services Company had launched Al-Nas Channel in its new form, showcasing a group of new programs that will be broadcast on its screen during 2023.
Al-Nas Channel broadcasts, via frequency 12054, several programs for women and children, as well as religious, youth, and cultural programs, covering all areas of life.
2024-01-02 19:06:00
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