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Crypto basics

Is crypto just gambling?

Answered by the ShariaQuant team

Not by itself, but plenty of what people do with it is. Maysir is about the structure of the contract, not how nervous the trade makes you feel. If your gain requires someone else to lose, and the whole thing is decided by an event you have no stake in, that is a wager, and buying and holding an asset you own is not.

Maysir: investing or gambling

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

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