Since 1971, the US dollar became the petrodollar — but that era is collapsing. Today, 20% of the world’s oil is traded in Chinese Yuan and Russian Ruble. The dollar is weakening, and in response, the US is building reserves of central bank digital currencies (CBDCs), hoping that the next global reboot will still have the dollar at its core — but in digital form.
At the same time, China is banning cryptocurrency transactions — not because it’s against crypto, but because it wants to promote its own Digital Yuan.
In Pakistan, crypto regulations are moving fast — so much so that the founder of Binance is now an official advisor. But amidst this chaos, the real question is:
Is cryptocurrency Halal in Islam?
Islam teaches that a real currency must have tangible value, must be free of riba (interest), zulm (oppression), and most importantly — gharar (speculation).
Just because something is legal in your country doesn’t mean it’s Shariah-compliant.
📌 In this video, we explore:
Why the dollar is failing
What America and China are really planning
Pakistan’s role in the crypto world
And the Islamic lens on cryptocurrency
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