Bitcoin (BTC) is Shariah-compliant (Halal) based on Sharlife's shariah screening analysis. According to Sharlife's Shariah screening methodology, which evaluates legitimacy, project fundamentals, token economics, and reward systems, Bitcoin is Shariah-compliant (Halal).

Is Bitcoin (BTC) Shariah-compliant?

Bitcoin (BTC) is Shariah-compliant (Halal) based on Sharlife's shariah screening analysis. Sharlife applies Shariah principles — avoiding riba (interest), gharar (excessive uncertainty), and maysir (gambling) — to screen each cryptocurrency.

Can Muslims invest in Bitcoin?

Bitcoin (BTC) is Shariah-compliant (Halal) based on Sharlife's shariah screening analysis. Muslims should ensure they trade Bitcoin on spot markets without leverage or futures contracts.

Is Bitcoin (BTC) Halal or Haram? Shariah Status

Name: Bitcoin
Brand: Bitcoin
Price: 75972.09070295187 USD
Availability: InStock
Rating: 5 (1 reviews)

Market Stats

Price

$75,972.09

+0.41% (24h)

Market Cap

$1.5T

Volume (24h)

$8.74B

Supply

20.11M BTC

FDV

$1.60T

Shariah Analysis

Yes

Project

Token

Reward

As of now, the projects provided by Bitcoin appear to be in accordance with Shariah principles.

Last Screening: Q3 2024

Risk Categories

Shariah status

Shariah

Passed

Assessment category

Legitimacy Risk

Satisfactory

Assessment category

People Risk

Satisfactory

In-Depth Analysis

Project Token Reward System Legitimacy

Project/Products	Use Case	Status
Cryptocurrency	The first implementation of the concept of cryptocurrency.	Passed
Consensus Network	Enables a new payment system and a completely digital currency.	Passed
Openly Published Protocol	The Bitcoin protocol and software are openly published, allowing developers worldwide to review and modify the code.	Passed
Public Ledger (Blockchain)	Transactions are recorded in a public ledger called the blockchain, allowing verification and control of transactions by users.	Passed

Use Case	Status
Bitcoin can be used for online transactions, enabling secure and direct payments for various goods and services.	Passed
Bitcoin is accepted as a payment method in physical stores, allowing users to make purchases using their digital wallets.	Passed
Bitcoins possess characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on mathematical properties, making them a legitimate form of currency.	Passed
As a decentralized digital currency, Bitcoin can act as a store of value, similar to traditional assets like gold and silver.	Passed
Bitcoin allows for borderless transactions, facilitating international payments without the need for currency conversions.	Passed

System	Interpretation	Status
Mining Rewards	Bitcoin miners earn transaction fees paid by users for faster transaction processing. These fees are voluntarily included by users to prioritize their transactions on the network.	Passed

Category	Details	Status
Whitepaper	Bitcoin provided a whitepaper and other detailed documents containing clear information about its projects.	Passed
Project	Bitcoin's project is considered legitimate due to its robust technology, secure protocol, and extensive distributed computing network, with vulnerabilities primarily stemming from user error.	Passed
Team	The Bitcoin team originally consisted of Satoshi Nakamoto and Martti Malmi, who registered and owned the Bitcoin.org domain. After Nakamoto's departure, ownership was distributed to other individuals outside the core development team to ensure decentralization and prevent centralized control over the Bitcoin project.	Passed

Technical Analysis

Support & Resistance

Support 2

60867.41

Support 1

59721.68

Last Price

60016.43

Resistance 1

66289.5

Resistance 2

66703.66

Pivot Points

Support 2

57266.19

Support 1

58641.31

Pivot Point

59644.25

Resistance 1

61019.37

Resistance 2

62022.31

Trading Signals

42 indicators

Trend

Moving Average (Mid Term) Weak

Ichimoku Cloud Weak

Momentum

Relative Strength Index Weak

Moving Average Convergence/ Divergence Strong

Vol & Volatility

On-Balance Volume Weak

Average True Range Strong

Signal strength 39 / 100

Moving Average (Short Term) Weak

Moving Average (Mid Term) Weak

Moving Average (Long Term) Weak

Exponential Moving Average (Short Term) Weak

Exponential Moving Average (Mid Term) Weak

Exponential Moving Average (Long Term) Weak

Bollinger Band Weak

Williams %R Neutral

Relative Vigor Index Strong

Money Flow Index Neutral

Chaikin Oscillator Weak

Aroon Weak

Klinger Oscillator Weak

Chande Kroll Stop Weak

Moving Average Convergence/ Divergence Strong

Relative Strength Index Weak

Stochastic Weak

Parabolic SAR Weak

Average Directional Index

Ichimoku Cloud Weak

Average True Range Strong

Commodity Channel Index Weak

On-Balance Volume Weak

Volume Weighted Average Price Weak

Keltner Channel Neutral

Donchian Channel Neutral

Choppiness Index Neutral

Ergodic Oscillator Strong

Ease of Movement Weak

Ultimate Oscillator Neutral

Elder Force Index Weak

Connors RSI Strong

Rate of Change Weak

Chande Momentum Oscillator Neutral

Triple Exponential Average Strong

Know Sure Thing Strong

Detrended Price Oscillator Weak

Moving Average Envelope Strong

Coppock Curve Weak

Vortex Indicator Weak

Schaff Trend Cycle Weak

Elder Impulse System Neutral

AI Price Prediction

AI-generated analysis only. Not financial advice.

Community Sentiment

Community Discussion (2)

Please login to join the discussion.

Solomon Girma

3 years ago

BIUS

M.Anas

3 years ago

Alhamdulillah,Clear explaination

Actions

Latest News

CoinMarketCap 61d ago

Bitcoin Trades Fed Rate Path, Faces $80K Ceiling: CoinShares

CoinMarketCap 61d ago

Bitcoin Holds Near $80K as Fed Rate Hike Odds Jump to 60%

CoinMarketCap 62d ago

Capital B Buys 376 BTC for $29M in Largest Purchase Since September 2025

CoinMarketCap 62d ago

Liquid Network Pauses After 'White Hats' Pull 4,000 BTC From Federation Wallet

CoinMarketCap 62d ago

Is the Bitcoin Bull Market Back? Investors Bet on ‘Higher for Longer’ Rates

CoinMarketCap 222d ago

Bitcoin Drops to $65K as Geopolitical Tensions Weigh on Markets

CoinMarketCap 222d ago

Strategy Halts Weekly Bitcoin Purchase for First Time Since December

CoinMarketCap 222d ago

American Bitcoin Hits 7K Bitcoin While Stock Falls Below $1

About Bitcoin

Bitcoin is a decentralized peer-to-peer digital payment system, known as the first cryptocurrency. It operates on a consensus network, enabling secure and transparent transactions without the need for central authorities. The blockchain ledger records all transactions, giving users full control over their funds. Bitcoin's open-source nature allows anyone to review and modify the protocol. While not anonymous, it offers acceptable privacy and can be used for various payments, resembling virtual credit cards and online banking systems.

Consensus Mechanism

Proof of Work

Official Links

Website Whitepaper Explorer Source

Risk Disclosure: Sharlife is a registered Shariah Advisor with the Securities Commission Malaysia. Content is for educational purposes only and does not constitute financial advice. Investments in stocks and crypto assets carry inherent risks, including loss of capital. Past performance is not indicative of future results. Shariah compliance does not guarantee returns. Please consult a licensed financial planner before making investment decisions.

Share Your Feedback

Bitcoin

Market Stats

Shariah Analysis

Risk Categories

Shariah

Legitimacy Risk

People Risk

In-Depth Analysis

Technical Analysis

Support & Resistance

Pivot Points

Trading Signals

AI Price Prediction

Community Sentiment

Community Discussion (2)

Actions

Latest News

About Bitcoin

Consensus Mechanism

Official Links