Why This Matters

Bitcoin is often treated as just another speculative asset: something people buy hoping the price will rise. But that misses much of the reason Bitcoin was created in the first place.

To properly assess Bitcoin from an Islamic perspective, we need to understand the financial world it emerged from, the problems it was designed to address, how it actually works, and what makes it different from conventional money and other cryptocurrencies.

Drawing on Whitethread Institute's research and its paper Is Bitcoin Permissible?, this webinar will explore both questions: Is Bitcoin permissible according to the Sharīʿah; and is there something about Bitcoin that Muslims should be paying greater attention to?

What You'll Leave With

By the end of the webinar, you should have:

  • A simple understanding of how Bitcoin works and what problem it was created to solve.

  • A clearer picture of how our current financial system works, and why Bitcoin emerged as a response to it.

  • An understanding of what makes Bitcoin different from other cryptocurrencies.

  • An understanding of the key Sharīʿah questions surrounding Bitcoin and the reasoning behind Whitethread Institute's position on its permissibility.

  • A framework for thinking about whether Bitcoin is merely another asset to invest in, or whether it offers Muslims something more important.

Who This Is For

This webinar is for anyone interested in understanding Bitcoin from an Islamic perspective.

It will be particularly useful for scholars, imams and students who are increasingly asked questions about Bitcoin, cryptocurrency and investing; and for those interested in finance whose friends, families and communities look to them for guidance.

No prior knowledge of Bitcoin, cryptocurrency or financial markets is required.

  • Live Webinar

    Pre-Recording

  • Free

Mawlana Huzayfah Mangera

Course Instructor

Huzayfah Mangera did his early Islamic studies, along with the memorisation of Qur’an at home with his parents. He then enrolled in a part-time ‘alimiyyah programme in North London where he spent 6 years studying the Arabic language, jurisprudence (fiqh), Qur’an translation and tajwid, among other subjects. Thereafter he transferred to Imam Zakariya Academy, London where he completed the rest of his alimiyyah program 5 years later. Simultaneously, he also completed his MSci Physics degree at University College, London. In his spare time, he also studied hadith, jurisprudence, aqidah, and tajwid privately with different teachers. He also completed the Ifta Specialisation Programme at Whitethread Institute, London and he teaches part time at Imam Zakariya Academy.