Permissibility and Zakat on Decentralized Digital Currencies & Tokens
What is the verified shariah ruling on investing in decentralized digital currencies like Bitcoin, and how should an individual calculate Zakat on tokens held for long-term valuation vs short-term spot trading?
- •Al-Mabsut by Imam al-Sarakhsi, Vol. 14, Kitab al-Sarf
- •Fath al-Qadir by Ibn al-Humam, Bab Zakat al-Amwal
- •AAOIFI Shariah Standard No. 59 (Sale of Debt & Tokens)