Thursday, March 23, 2023
HomeBitcoinHow Bitcoin Helps Muslims And The Quran - Bitcoin Journal

How Bitcoin Helps Muslims And The Quran – Bitcoin Journal

That is an opinion editorial by Muslim Bitcoiner, the host of the “Muslim Bitcoiner Podcast” and a contributor for Bitcoin Journal.

Earlier than diving into the subject of Bitcoin, it’s essential to discover what the sin of “riba” really is, and the way it’s entrenched within the present world financial system. Riba is an Arabic phrase which mostly refers to “usury, or charging an quantity of curiosity on a mortgage.” Nevertheless, riba encapsulates extra than simply taking advantage of a mortgage, it can also imply exchanging of the identical kind of merchandise in unequal quantities. There are various kinds of riba, however for the aim of this essay, we’ll concentrate on that side of riba that features profiting via the act of lending, with out placing in any type of work.



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