7037
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22 / 06 / 2026
Use of Electronic Wallet
What is the legal ruling on the use of electronic wallets or companies like Dacoin, which involve depositing an amount of money like a deposit for a certain period, and generate profits over time?
Answer
I say, and with God's help: The use of wallets is permissible, and there is nothing to prevent it. As for profits, if the way of earning them adheres to the rulings of Sharia, then it is permissible; otherwise, it is not. And God knows best.
