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16 / 07 / 2026
Please note: this fatwa has been translated by artificial intelligence.
The Ruling on Using Electronic Wallets
What is the legal ruling on using electronic wallets or companies like Dak Coin, which involve depositing an amount of money like a deposit for a certain period, and generating profits over time?
Answer
I say, and with God's guidance: 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, it is permissible; otherwise, it is not. And God knows best.
