Crypto currencies declared as ‘Halal by an agency thereby permitting Muslims to Invest in Bitcoin and Cryptos

Blossom Finance, an Indonesian microfinance firm, published a detailed 22-page paper this week which inferred “Bitcoin qualifies as Islamic money, except where it is banned by a local government.” According to Matthew J. Martin, founder, and head of startup BlossomFinance, cryptocurrencies are compliant with Muslim Sharia laws.