Guavy AI Editorial TeamSentiment: -2Clout: 100

Pakistani Clerics Clash Over Crypto and Islam

Top Pakistani clerics are at odds over whether cryptocurrency investments align with Islamic law. The disagreement comes as Islamabad has been using digital tokens as a diplomatic tool to engage with US President Donald Trump.

Mufti Muhammad Taqi Usmani, a Shariah adviser to Meezan Bank Ltd., and five other clerics have ruled that investments in virtual assets are against Islamic principles, according to a decree issued last month.