Not investing in Bitcoin… could it be considered haram?
In an upcoming podcast with Amgad — a brilliant engineer with over 15 years of experience in tech consulting — we dive into a bold question:
What if sticking to fiat money means continuing to support a system based on Riba — and therefore prohibited in Islam?
Amgad explains how traditional investments, and even the money sitting in your bank account, generate Riba, making them problematic for those who follow ethical finance principles rooted in justice and fairness.
By contrast, Bitcoin doesn’t rely on interest or debt. And as long as it’s not proven to involve Riba, it’s considered halal.
What’s fascinating is that non-Muslim Bitcoiners like myself have come to the same conclusion:
the fiat system is morally broken — infinite money printing, indirect war financing, silent theft through inflation.
Bitcoin stands out as an ethical, political, and even spiritual alternative.
Huge thanks to Amgad for agreeing to record our very first conversation — we’d never met before and had only exchanged a few messages.
I told him I wanted my audience to see what it looks like when two Bitcoiners meet for the first time and connect instantly.
And thank you to Dr. saifedean (nprofile…pxs0) for raising these issues in his podcasts — his work continues to inspire deeper conversations.
The episode will be out in a few weeks.
Stay tuned.
abelraberin / Abel Raberin
npub1jn…dr2qa
2025-04-24 16:04:07
Author Public Key
npub1jn0dcfh7qkwwuwx5talzu2el08pjpk8elglt97lzh5ldzjx0q3ps2dr2qaPublished at
2025-04-24 16:04:07Event JSON
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"content": "Not investing in Bitcoin… could it be considered haram?\n\nIn an upcoming podcast with Amgad — a brilliant engineer with over 15 years of experience in tech consulting — we dive into a bold question:\nWhat if sticking to fiat money means continuing to support a system based on Riba — and therefore prohibited in Islam?\n\nAmgad explains how traditional investments, and even the money sitting in your bank account, generate Riba, making them problematic for those who follow ethical finance principles rooted in justice and fairness.\nBy contrast, Bitcoin doesn’t rely on interest or debt. And as long as it’s not proven to involve Riba, it’s considered halal.\n\nWhat’s fascinating is that non-Muslim Bitcoiners like myself have come to the same conclusion:\nthe fiat system is morally broken — infinite money printing, indirect war financing, silent theft through inflation.\nBitcoin stands out as an ethical, political, and even spiritual alternative.\n\nHuge thanks to Amgad for agreeing to record our very first conversation — we’d never met before and had only exchanged a few messages.\nI told him I wanted my audience to see what it looks like when two Bitcoiners meet for the first time and connect instantly.\n\nAnd thank you to Dr. nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqy28wumn8ghj7un9d3shjtnyv9kh2uewd9hsmtpxs0 for raising these issues in his podcasts — his work continues to inspire deeper conversations.\n\nThe episode will be out in a few weeks.\nStay tuned.\nhttps://m.primal.net/Qbnn.mov",
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