Comment
Author: Admin | 2025-04-28
Halal principles, it can be considered permissible. Critical Views: Other scholars caution against the use of USDT due to its peg to fiat currency, which involves elements of riba (interest). They argue that the lack of direct asset-backing and the involvement of centralized entities like Tether Limited may pose challenges to its permissibility under Islamic finance. Conditional Acceptance: Some scholars take a middle ground, suggesting that USDT can be considered halal if certain conditions are met. These conditions include ensuring that the funds used to acquire USDT are from halal sources, and that the transactions are transparent and ethical.Given these varying perspectives, it is essential for Muslim investors to consult with knowledgeable Islamic scholars and consider their individual circumstances when deciding whether to engage in USDT mining or trading. The diversity of opinions highlights the importance of thorough research and informed decision-making in the context of Islamic finance.Halal Alternatives to USDT MiningFor those seeking halal alternatives to USDT mining, there are several options that align with Islamic finance principles. These alternatives ensure compliance with Shariah law while providing opportunities for ethical investment in the cryptocurrency space. Halal.io: This shariah-compliant cryptocurrency investment platform offers up to 18% passive income on Tether (USDT) and other cryptocurrencies. The platform uses a KI-gestützten (AI-powered) trading bot to manage funds ethically, avoiding riba (interest) and focusing on ethical trading practices. Withdrawals are available on the 1st of each month, and the service is accessible in over 50 countries. Islamic Coin (ISLM): Islamic Coin is a cryptocurrency designed to comply with Shariah principles. It aims to provide a halal investment option by ensuring that all transactions and activities are ethical and transparent. Gold-Backed Cryptocurrencies: Cryptocurrencies backed by tangible assets like gold can be considered halal. These assets provide a stable store of value and align with
Add Comment