Is there Zakah on Cryptocurrency

Haitham al-Haddad

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Channel: Haitham al-Haddad

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The speaker discusses the issue of cryptocurrency and its saleability. They mention a person who ran away from cryptocurrency and were later informed that they should have their account on gold and silver. The speaker also talks about a cryptocurrency and its saleability, including a person named Kunta who is accountable for it.

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Do I have to pay zakat on my cryptocurrency

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okay see

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similar how him first of all, I have never approved crypto currency. Yeah, I said from the beginning and now it is clear for so many people recently a person who had his own cryptocurrency in Turkey, after making two point something billion dollars he ran away. So anyway, cryptocurrency is not allowed. And I have mentioned this in so many occasions, you can you can Google it, you can search for it. However, if a person has a cryptocurrency, then this cryptocurrency is either money, or it

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is a saleable item. So on either case, it is accountable.

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person actually Subhanallah in my message, I was shocked. He has maybe cryptocurrency worth more than 50,000 pounds. Are you telling me that this person should not give his account on this? No, either it is money if we say that cryptocurrency is money. And as we know that the Prophet SAW Selim commanded us to give them the account on gold and silver. And the scholar said that whatever, whatever is equal to gold and silver, which is the normal money, and this is by consensus of all

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these colors, or it is a saleable item. And the companion said Kunta no Khadija Kameena na, na de Hulin Bay. Yeah. Cananda Khadija sadaqa so we used to give Zakka on what we

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what we use it for saleable items what we use to trade him so again, a cryptocurrency from this prospective is accountable as well. Yeah.

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I'll be them.

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All.

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What?

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When? When now, please. And free bootcut up be well.

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The N Cata loony carry the N

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Rooney. Yeah, carry