@@donmal4448 from my reply elsewhere. This "sheikh" has no idea what he's talking about. They throw around the term Haram extremely loosely when the default should be everything is halal unless it has explicitly forbidden elements. He's right about any coins or NFTs that are associated with gambling, or alcohol, but dogs?? How on earth are dogs Haram? Sure you shouldn't have then in your homes but dogs are extremely useful utilitarian animals for farming and hunting. AND THIS IS JUST AN IMAGE OF A DOG ASSOCIATED WITH A COIN. Allah SWT says in the Qur'an, "Do not falsely declare with your tongues, "This is lawful, and that is unlawful," "only" fabricating lies against Allah. Indeed, those who fabricate lies against Allah will never succeed." 16:116. Again, the default has to be halal until definitively proven Haram.
MahahAllah, Shake is very knowledge about Crypto Currency and can explain the things clearly. Most of the Islamic scholars don't know about this things clearly and say it's Haram entirely!
1:56 how can we research that a perticular token have any Sharia or not ?? I think people should make an exchange for muslim treaders where only halal tokens will be listed that will be a very good solution
Most popular crypto assets like Solana have now economic fuel and are used for many purposes in agriculture, as a decentralized asset without any external force.
Respect but you should give references like fatwa or cite other scholars,as Asim Al Hakeem often says that laymans are not interested about arguments but they expect scholars to give them answers that fits them
Web3 Infinity Token is the safest altcoin ever since its automatic algorithms stop paper hands, bot transactions, and bear markets. It will certainly hit $10 in no time.
The only relevant argument is the question of value but respectfully sheikh completely ignored fundamentals, every memecoin is part of a chain such as bitcoin, ethereum, solana etc. Meme coins are inherently a medium of exchange. The meme element is just a unique point of this category. The value of paper note is also nothing, it’s only valuable because people agree to make it useful. Similarly a memecoin is also valuable because people agree to exchange it for a price, some might nobody buys for exchange, well the same is true for bitcoin investors. Besides, it’s completely transparent, people can do their research to understand what’s going on. We can at any point buy or sell memecoins for a fiat currency. As for Speculation, it applies to all markets including bitcoin or stocks. Yes if a coin has an explicit haram element it’s haram no doubt. Lastly to have dogs is one thing and to watch a dog is another thing and can’t have the same ruling. I am genuinely willing to understand the view of our scholars but unfortunately i feel like this is just going back to 2017 when bitcoin was declared haram only to be made halal later.
why dont you make public your crieteria for shariah and non shariah complaint categorisation of crypto assets? as it is made public by psx and bursa malysia etc
Assalamu Alaykum please I will like to know assuming I’m holding memes coins for a while before knowing it’s haram but actually my investment is at lost so I’m I supposed to sell immediately after knowing either profit or lost or I’m I allow to try to recover before selling
No don't sell. This "sheikh" has no idea what he's talking about. They throw around the term Haram extremely loosely when the default should be everything is halal unless it has explicitly forbidden elements. He's right about any coins or NFTs that are associated with gambling, or alcohol, but dogs?? How on earth are dogs Haram? Sure you shouldn't have then in your homes but dogs are extremely useful utilitarian animals for farming and hunting. AND THIS IS JUST AN IMAGE OF A DOG ASSOCIATED WITH A COIN. Allah SWT says in the Qur'an, "Do not falsely declare with your tongues, “This is lawful, and that is unlawful,” ˹only˺ fabricating lies against Allah. Indeed, those who fabricate lies against Allah will never succeed." 16:116. Again, the default has to be halal until definitively proven Haram.
@@basnation7769calm down about this concept. He said it's not according to Shari'ah and see what he's saying, is he showing hatred or being bias by saying that? Listen to what he said in the beginning, he said according to his understanding and knowledge. He's not saying you shouldn't do it again, so as you can't actually use a single understanding from a single individual to judge, make different research but saying what you said here isn't ruly.
@@EduNexaStudy Listen to him again, he doesn't caveat that it's his own opinion. He says, as Muslims we should stay away. That is being irresponsible. People here are saying they're going to sell their positions. If this cycle kicks off as it has done every 4 years since the inception of Bitcoin and they lose out on 10x gains because of the irresponsibility of an incompetent sheikh, that would be wrong.
@@basnation7769a dog coin being haram because it has an image of a dog? That doesn’t make it haram. But a dog coin having no other use case other than having a cute dog as its image and being known as a meme? How can that not be haram? Why? It’s pure speculation based, no utility value, extremely manipulated by the owners, owner can just delete the socials of the coin and the price will plummet to zero, simply gambling on whether more people will purchase after you or not. May Allah guide us to stay away from the halal. Brother ask any expert in memecoins. They will tell you at the end of the day it’s gambling. And yes there are levels of gambling. This has a skill aspect also. But just like gambling in video games when playing against each other, this too is haram.
@@Zaki-nn2cr yes even for me now I don't engage my self with FX trading because of CFDs, Derivatives, and Speculation that is the reason I stopped trading
@@aminumuhd623mashaAllah you are on the right path I wanna add something Forex can only be halal if done physically as this would not include derivatives, interest etc etc
Trading has different categories like, spot, future, option, and margin. According to my research only spot trading is halal in crypto, forex and stock market.
you get paid for participating in different tasks, activities and campaigns to promote and support that Project, so if project itself is shariah compliant, then there is no issue in getting that airdrop
This "sheikh" has no idea what he's talking about. They throw around the term Haram extremely loosely when the default should be everything is halal unless it has explicitly forbidden elements. He's right about any coins or NFTs that are associated with gambling, or alcohol, but dogs?? How on earth are dogs Haram? Sure you shouldn't have then in your homes but dogs are extremely useful utilitarian animals for farming and hunting. AND THIS IS JUST AN IMAGE OF A DOG ASSOCIATED WITH A COIN. Allah SWT says in the Qur'an, "Do not falsely declare with your tongues, “This is lawful, and that is unlawful,” ˹only˺ fabricating lies against Allah. Indeed, those who fabricate lies against Allah will never succeed." 16:116. Again, the default has to be halal until definitively proven Haram.
@@EduNexaStudy”what’s your proof to show its halal” 🤦♂️ what’s your proof using the internet is halal? What a stupid question, everything is halal until proven haram, if you say something is haram YOU HAVE TO GIVE THE PROOF, Muslims embarrassing lack of knowledge nowadays
@@protonracer123I will tell you the proof why it’s haram. Simply it’s hypergambling, pure speculation. No utility, developer/owner can delete socials and the price will plummet hard. No economic future just purely based on hype. Essentially a pure pump and dump, some last longer than others. Go and ask the experts in crypto about memecoins. They will tell you it’s gambling. Case is closed at the end of the day. I do not say “all” meme coins are haram. However the useless ones with no use case that are just pump and dumps, there can be no doubt they are scams and hence haram,
@@JNM781 lol I shared a basic fiqh principle I don’t own any tokens, congratulations on embarrassing yourself. Nice argument btw, I guess this makes you feel better about being a jahil
😂 ok bro, i cant buy shiba inu because dogs are discouraged as a pet and a dogs sweat is impure.... wtf are you talking about. just say you got rug pulled on a shitcoin and move on man
Did i miss a memo, do you think you are you God? Investing with knowledge is halal, if you have any knowledge of what is bound to occur with a coin. It becomes halal and well if not, God knows your intention and only he can judge. You man have such twisted mindsets. Stop spreading false information and just let God judge.
Hard pill for a lot of meme coin traders to accept, but allah has a better plan for the ones that quit haram for the sake of Him
Indeed, Allah never breaks his promise ❤
Yea cause he's wrong.
@@basnation7769he's not wrong
@@basnation7769he is not wrong lol. Bring your evidence if he is wrong
@@donmal4448 from my reply elsewhere.
This "sheikh" has no idea what he's talking about. They throw around the term Haram extremely loosely when the default should be everything is halal unless it has explicitly forbidden elements. He's right about any coins or NFTs that are associated with gambling, or alcohol, but dogs?? How on earth are dogs Haram? Sure you shouldn't have then in your homes but dogs are extremely useful utilitarian animals for farming and hunting. AND THIS IS JUST AN IMAGE OF A DOG ASSOCIATED WITH A COIN. Allah SWT says in the Qur'an, "Do not falsely declare with your tongues, "This is lawful, and that is unlawful," "only" fabricating lies against Allah. Indeed, those who fabricate lies against Allah will never succeed." 16:116. Again, the default has to be halal until definitively proven Haram.
MahahAllah, Shake is very knowledge about Crypto Currency and can explain the things clearly. Most of the Islamic scholars don't know about this things clearly and say it's Haram entirely!
right
Write MA SHAA ALLAH like this
1:56 how can we research that a perticular token have any Sharia or not ??
I think people should make an exchange for muslim treaders where only halal tokens will be listed that will be a very good solution
Masha Allah. Very helpful. upload more like these type of vlog.
JazakAllah MashaAllah you are very intellectual and logical MashaAllah
Jazakallah khair for talking about this
JAZAKALLAH ese lika karain brother ALLAH ka name capital letters me lika karain
This video has inspired me to dive deeper into my crypto research!
Mash Allaah
Very informative it's very helpful
Z
Jazzak Allaah
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Were memecoins mentioned in the hadith???
Exactly
Most popular crypto assets like Solana have now economic fuel and are used for many purposes in agriculture, as a decentralized asset without any external force.
Respect but you should give references like fatwa or cite other scholars,as Asim Al Hakeem often says that laymans are not interested about arguments but they expect scholars to give them answers that fits them
I have great expectations for Web3 Infinity Token. The market appears to be reacting favorably.
Also we should ask if apple will be used to make alcohol,in such case we can't sell it
The progress of Web3 Infinity Token is remarkable. It is going correctly.
in Egypt all crypto haram in other countries crypto halal , it is weird
In indonesia haram
What your opinion on xrp??
It's going up, trump gonna use it.
Informative❤ JazakAllah
TON coin (The open network) is haram or halal? Please reply.....
Web3 Infinity Token has the potential to disrupt traditional finance. Exciting times ahead!
Being a part of the Web3 Infinity Token community excites me. Let's change the world!
Web3 Infinity Token is the safest altcoin ever since its automatic algorithms stop paper hands, bot transactions, and bear markets. It will certainly hit $10 in no time.
Please confirm if Maga coin (Trump) is compliant with Shariah as it isnt currently available on the application.
If your meme token has no any haram things like Gambling,intrest and any bad meme photo so that os halal.
@@hasibrahman2317how can u say like that
@@ihsaneleventhat's what the sheikh said
Thank you sir
The only relevant argument is the question of value but respectfully sheikh completely ignored fundamentals, every memecoin is part of a chain such as bitcoin, ethereum, solana etc. Meme coins are inherently a medium of exchange. The meme element is just a unique point of this category. The value of paper note is also nothing, it’s only valuable because people agree to make it useful. Similarly a memecoin is also valuable because people agree to exchange it for a price, some might nobody buys for exchange, well the same is true for bitcoin investors. Besides, it’s completely transparent, people can do their research to understand what’s going on. We can at any point buy or sell memecoins for a fiat currency.
As for Speculation, it applies to all markets including bitcoin or stocks. Yes if a coin has an explicit haram element it’s haram no doubt. Lastly to have dogs is one thing and to watch a dog is another thing and can’t have the same ruling. I am genuinely willing to understand the view of our scholars but unfortunately i feel like this is just going back to 2017 when bitcoin was declared haram only to be made halal later.
I appreciate
Thanks for sharing
why dont you make public your crieteria for shariah and non shariah complaint categorisation of crypto assets? as it is made public by psx and bursa malysia etc
Cardano (ADA) sounds like it is sharia compliant.
Assalamu Alaykum please I will like to know assuming I’m holding memes coins for a while before knowing it’s haram but actually my investment is at lost so I’m I supposed to sell immediately after knowing either profit or lost or I’m I allow to try to recover before selling
same i also invested in meme coins, and now I am in loss so should I sell it immediately or recover my loss?
No don't sell. This "sheikh" has no idea what he's talking about. They throw around the term Haram extremely loosely when the default should be everything is halal unless it has explicitly forbidden elements. He's right about any coins or NFTs that are associated with gambling, or alcohol, but dogs?? How on earth are dogs Haram? Sure you shouldn't have then in your homes but dogs are extremely useful utilitarian animals for farming and hunting. AND THIS IS JUST AN IMAGE OF A DOG ASSOCIATED WITH A COIN.
Allah SWT says in the Qur'an, "Do not falsely declare with your tongues, “This is lawful, and that is unlawful,” ˹only˺ fabricating lies against Allah. Indeed, those who fabricate lies against Allah will never succeed." 16:116.
Again, the default has to be halal until definitively proven Haram.
@@basnation7769calm down about this concept.
He said it's not according to Shari'ah and see what he's saying, is he showing hatred or being bias by saying that?
Listen to what he said in the beginning, he said according to his understanding and knowledge. He's not saying you shouldn't do it again, so as you can't actually use a single understanding from a single individual to judge, make different research but saying what you said here isn't ruly.
@@EduNexaStudy Listen to him again, he doesn't caveat that it's his own opinion. He says, as Muslims we should stay away. That is being irresponsible.
People here are saying they're going to sell their positions. If this cycle kicks off as it has done every 4 years since the inception of Bitcoin and they lose out on 10x gains because of the irresponsibility of an incompetent sheikh, that would be wrong.
@@basnation7769a dog coin being haram because it has an image of a dog? That doesn’t make it haram. But a dog coin having no other use case other than having a cute dog as its image and being known as a meme? How can that not be haram? Why? It’s pure speculation based, no utility value, extremely manipulated by the owners, owner can just delete the socials of the coin and the price will plummet to zero, simply gambling on whether more people will purchase after you or not. May Allah guide us to stay away from the halal.
Brother ask any expert in memecoins. They will tell you at the end of the day it’s gambling. And yes there are levels of gambling. This has a skill aspect also. But just like gambling in video games when playing against each other, this too is haram.
Can you please mention some upto 10 coins for us for trading which is clearly Halal, please help us
Hotels in Dubai and rest of the UAE sell and serve alochol? Is this haram?
Of course.... What is this question? Lll
Thanks, i sold my Doge & Shib for better profit hear after.... May Allah forgive and guide me.
My XRP is going to the moon 😊
What about forex trading is it haram or not? I trade only currency pairs
Yeah it’s not permissible for me
@@Zaki-nn2cr yes even for me now I don't engage my self with FX trading because of CFDs, Derivatives, and Speculation that is the reason I stopped trading
@@aminumuhd623 Kar ka damu Allah zai masanya ma da mafi alkhairi, InshaAllah
@@aminumuhd623mashaAllah you are on the right path
I wanna add something Forex can only be halal if done physically as this would not include derivatives, interest etc etc
Trading has different categories like, spot, future, option, and margin. According to my research only spot trading is halal in crypto, forex and stock market.
How about buying and holding meme coins when you know that its value will go up and then selling it?
Same bro plz anyone ans
Like stock market
Is baby doge halal ?
There is an absolutely need free guide for Muslims to check the coin
make a video on halal haram of massively becoming famous platform Treasure NFT, people are making thousands of dollars in a few weeks.
What about airdrops
you get paid for participating in different tasks, activities and campaigns to promote and support that Project, so if project itself is shariah compliant, then there is no issue in getting that airdrop
Is there any Islamic body who has given guidance to people to create your sharia compliant tokens?
At this time i stop mining hamster 🐹 memefi and others
Hamstr token halal or Haram
Haram
"Hamster kombat" is halal or haram?in 4 months it gives you $8
Lol 😢😢😢😢
@@gurushill😂😂😂😂😂😂 aku ngakak guling" ngab
totally haram, check details, it is based on p-rn website and the owner of that website, same name
Haram
This "sheikh" has no idea what he's talking about. They throw around the term Haram extremely loosely when the default should be everything is halal unless it has explicitly forbidden elements. He's right about any coins or NFTs that are associated with gambling, or alcohol, but dogs?? How on earth are dogs Haram? Sure you shouldn't have then in your homes but dogs are extremely useful utilitarian animals for farming and hunting. AND THIS IS JUST AN IMAGE OF A DOG ASSOCIATED WITH A COIN.
Allah SWT says in the Qur'an, "Do not falsely declare with your tongues, “This is lawful, and that is unlawful,” ˹only˺ fabricating lies against Allah. Indeed, those who fabricate lies against Allah will never succeed." 16:116.
Again, the default has to be halal until definitively proven Haram.
When you say something is not correct then you'll have a reason why it's good. What's your proof to show that it is halaal?
@@EduNexaStudy”what’s your proof to show its halal” 🤦♂️ what’s your proof using the internet is halal? What a stupid question, everything is halal until proven haram, if you say something is haram YOU HAVE TO GIVE THE PROOF, Muslims embarrassing lack of knowledge nowadays
@@protonracer123I will tell you the proof why it’s haram. Simply it’s hypergambling, pure speculation. No utility, developer/owner can delete socials and the price will plummet hard. No economic future just purely based on hype. Essentially a pure pump and dump, some last longer than others. Go and ask the experts in crypto about memecoins. They will tell you it’s gambling. Case is closed at the end of the day. I do not say “all” meme coins are haram. However the useless ones with no use case that are just pump and dumps, there can be no doubt they are scams and hence haram,
@@protonracer123 I guess this make you feel good about your tokens
@@JNM781 lol I shared a basic fiqh principle I don’t own any tokens, congratulations on embarrassing yourself. Nice argument btw, I guess this makes you feel better about being a jahil
Masha allha Alham dulillha amin bat may fon hek plz help 😢iam bnb bolok cen gem sakkses halal inkam masha allha amin ❤🎉😊
All crypto and FOREX market are Haram. Totally gambling concept in both.
You are wrong , stop giving fetwa cuz you are not a sheikh and I see that you have no idea on this area !
@@xland6997 I have been in this field and I know. You can't make something halal just because you nafs is addicted
@@xland6997 I have been in this field and I know. You can't make something halal just because you nafs is addicted
So keeping your money in a bank haram , because banks can become bankrupt , high chance?
Wrong
😂😂😂
😂 ok bro, i cant buy shiba inu because dogs are discouraged as a pet and a dogs sweat is impure.... wtf are you talking about. just say you got rug pulled on a shitcoin and move on man
Did i miss a memo, do you think you are you God? Investing with knowledge is halal, if you have any knowledge of what is bound to occur with a coin. It becomes halal and well if not, God knows your intention and only he can judge. You man have such twisted mindsets.
Stop spreading false information and just let God judge.
What about MAGA Trump meme coin?
😂
Joining the Web3 Infinity Token presale was the best decision I made. Join me!