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Fiqh Council of North America
North American Fiqh Body
"Declared Bitcoin 'essentially halal' in September 2019."
The Fiqh Council of North America (FCNA) adopted a formal resolution on September 2, 2019 in Houston, prepared by Dr. Yasir Qadhi and Dr. Abdulbari Mashal, declaring Bitcoin "essentially halal."
The ruling invoked the foundational maxim al-aṣl fi'l-ashyā' al-ibāḥah (the default in transactions is permissibility), finding that objections based on anonymity, uncertain future value, and lack of government regulation "are not strong enough to warrant a verdict of impermissibility."