Cloud Mining vs Mining Pools: A Shariah Perspective
Cloud mining and mining pools are two ways Muslims are getting involved in cryptocurrency mining — but are they halal?
This article breaks down what each model really involves, from renting computing power to joining shared mining networks, and compares them through the lens of Islamic finance. We explore key concepts like ijarah, jua’lah, gharar and the ethical risks of validating haram transactions on blockchains like Ethereum.
UK Crypto ETNs: FCA approval, how they work, and why they are not a halal ETF
From October 2025, UK retail investors can buy Crypto ETNs — but these are debt notes, not ownership in Bitcoin. Don’t mistake them for a halal ETF.
The Linqto Collapse: Deception, Not Crypto, Was the Real Problem
Linqto’s collapse shows the danger when investors think they own assets, but have no enforceable rights.
In Islamic finance, milkiyya (ownership) and qabdh (possession) are essential. Without them, a trade isn’t valid.
Deposit Tokens and the Case of JPMorgan’s JPMD: A Shariah Perspective
As banks enter the blockchain space, instruments like JPMorgan’s JPMD blur the lines between stablecoins and traditional money. This article unpacks the structure of deposit tokens, how they differ from stablecoins, and why their future models raise major concerns from a Shariah perspective.
Can Blockchain Harm Islamic Societies?
Blockchain promises trust without authority—but in the absence of Islamic ethics and oversight, it can create new forms of injustice. From fake halal tokens to crypto-funded extremism and digital colonialism disguised as humanitarian aid, this article explores how decentralization, without Shariah, may expose Muslim societies to greater harm than control.