July 9, 2026·Bearish·regulatory legal
Pakistan Scholar Declares Crypto Trading Haram
Mufti Muhammad Taqi Usmani, Pakistan's leading Islamic scholar, issued a fatwa declaring cryptocurrency trading, including tokens and stablecoins like USDT, as haram (forbidden under Islamic law). The ruling could influence millions of Muslims in Pakistan and beyond, potentially impacting crypto adoption in the region.
Detected & updated continuously · Source: Ruma
