Tag: Islam

  • Dubai
    Industry

    Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X

    X8 AG, a Switzerland-based blockchain technology company and creator of value preservation payment token X8X, has obtained the approval from Islamic scholars in order to be marketed as a Sharia-compliant digital currency. The certification will allow the business to expand in the Middle East as regulators and financial...

    Ricardo Esteves | November 13, 2018 | 11:00 am
  • Mosque
    Bitcoin

    London Mosque Becomes the UK’s First to Accept Bitcoin and Ether

    The Shacklewell Lane Mosque, also referred to as Masjid Ramadan, has announced that it will accept donations in cryptocurrency. The move would make the Hackney mosque the first in the U.K. to take payments in digital currency. Mosque’s Chairman: “It’s New Money, It’s Moving with the Times” The...

    Rick D. | May 23, 2018 | 2:00 am
  • sharia
    Crypto

    United Arab Emirates: OneGram, Gold-Backed Cryptocurrency That Complies With Sharia Law

    United Arab Emirates-basedĀ OneGramĀ is issuing a gold-backed cryptocurrency in attempts to convince Muslims that investing in cryptocurrencies complies with their faith. Islam and Cryptocurrency The growing global interest in cryptocurrencies naturally extends into the Gulf and southeast Asia, the main centers of Islamic finance. But because cryptocurrencies and associated...

    Thomas Delahunty | April 8, 2018 | 8:43 pm

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