• SENSEX
    NIFTY 50
Currency

Looking for new way to donate during Ramadan? London mosque now accepts bitcoin

Updated : May 28, 2018 07:58 PM IST

Egypt's Grand Mufti, the nation's top Sunni Muslim official, said this year bitcoin was not permitted according to Islamic law.
The mosque says it is one of a handful to accept cryptocurrencies out of hundreds in London and its move is yielding results.
Muslims with the means are religiously obliged to give alms, often calculated based on Islamic texts as being 2.5% of their wealth, and many do so during the holy month, a time when Muslim charities are most active.
Looking for new way to donate during Ramadan? London mosque now accepts bitcoin
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV