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Neither any economic strength gives it value, nor it. However, majority of scholars so far sure that trading in bitcoin is not halal because it has no value in and of itself. Naik has been a fugitive from indian authorities, who accuse him of money laundering and links to extremism, since 2016 and moved to malaysia. In all, the cryptocurrency world, enabled by blockchain technology is a system controlled by humans, which is claimed to be. Muslims wants to know status of.
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