What We Do

Is Crypto Investing Halal? A Guide for Muslims Navigating the World of Cryptocurrency

In today’s fast-evolving financial landscape, many Muslims wonder whether they can invest in cryptocurrencies like Bitcoin while staying true to Islamic principles. The answer can seem complicated, but understanding the core concepts of halal investments in Islam will simplify the matter. Here, we’ll guide you through how halal investments work, how cryptocurrency can fit within this framework, and the importance of paying zakat on crypto assets.

Understanding Halal Investments: Gold as a Traditional Example

To grasp how cryptocurrency might be halal, we can start with a simple example: investing in gold. When you buy gold with the intention of investment, you’re purchasing it at full price in a straightforward transaction. From that moment, the gold becomes part of your assets, and its market value may rise or fall over time. Should the gold’s value increase, the profit you gain is entirely yours and is considered halal because the transaction was complete and ownership was clear.

In Islamic finance, the transaction’s structure is key. Halal investments rely on clear ownership, risk-sharing, and transparency, avoiding elements like speculation and excessive uncertainty (gharar). The profits from a halal investment are gained responsibly, ensuring that the increase in value aligns with Sharia law.

Applying Halal Principles to Cryptocurrency

Cryptocurrencies like Bitcoin and Ethereum present new opportunities, but they share similarities with traditional assets like gold. For instance, imagine you purchased Bitcoin as an investment in November 2023, and one year later, the value of Bitcoin has appreciated significantly. Since you purchased Bitcoin outright, you own it fully, just like owning a piece of gold. If the value increases, this gain is considered halal as long as the initial transaction was lawful and did not involve prohibited activities like gambling or excessive speculation.

While Islamic finance typically advises caution against high-risk investments, owning a cryptocurrency as an asset doesn’t inherently contradict Islamic principles. As with any asset, your crypto can increase or decrease in value over time, but you have not engaged in gambling or uncertainty if you follow a structured investment approach. This holds true for long-term investments, where you hold cryptocurrency as part of your wealth.

Zakat on Crypto: Fulfilling an Essential Obligation

One essential part of Islamic investment is zakat, the obligatory charitable contribution that every Muslim must pay annually. In the case of cryptocurrency assets, zakat applies to the total value of your holdings. The required zakat is 2.5% of your total assets if they exceed the nisab threshold (the minimum amount of wealth required to be eligible for zakat). Calculating zakat on crypto follows the same principles as with any other asset.

For instance, if your crypto portfolio reaches a significant value over the lunar year, you would calculate 2.5% of its total worth and pay this amount as zakat. By fulfilling this duty, you purify your wealth and ensure your crypto investments remain within the framework of Islamic law. You can see the crypto zakat calculator from here or pay your zakat with various cryptocurrencies from here.

Halal Investing in the BTC, ETH, BNB and more

Investing in cryptocurrency, like Bitcoin, can align with Islamic principles as long as it follows halal conditions—transparency, clear ownership, and absence of prohibited activities. By treating crypto investments like traditional assets and understanding their value changes as part of the investment risk, Muslims can explore the crypto market confidently. And, by regularly calculating and paying zakat, you can ensure that your investment grows ethically and remains compliant with Islamic law.

As we navigate the digital age, it’s empowering to know that with careful choices, cryptocurrency can be a halal investment—one that supports our faith, secures our future, and fulfills our religious obligations. Let’s embrace this modern opportunity thoughtfully and responsibly.

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The United Arab Emirates Dirham Stablecoin: A New Era for Charity Donations in the Muslim World

In today’s rapidly advancing digital world, the United Arab Emirates has made a groundbreaking move that could shape the future of donations in the Muslim community. By partnering with Tether, the UAE is set to launch a stablecoin pegged to its national currency, the United Arab Emirates Dirham (AED). This news brings immense potential for charities like ours, as it paves the way for a more secure, transparent, and efficient way of giving.

At Our Islamic Charity, we’re always striving to make it easier for our generous supporters to donate, especially as technology provides us with new tools. The UAE Dirham stablecoin stands as a promising solution that could make crypto donations not only more accessible but also safer for all. Let’s delve into the potential of this currency, its benefits for our charitable mission, and how it aligns with the principles of Islamic giving.

Why a Dirham Stablecoin Matters to Charities

The launch of a dirham stablecoin is not just a financial development—it represents a powerful opportunity to reshape how we give. At present, traditional donation channels often involve high transaction fees, lengthy processing times, and currency conversion challenges. A stablecoin, however, is designed to provide price stability by linking to a reserve asset, which in this case is the AED.

Imagine being able to send a donation with a simple click, using a secure digital currency that mirrors the dirham’s value without the complications of traditional banking. This stablecoin would empower our friends and supporters in the UAE to make contributions in their own currency, boosting their connection to our cause and reducing the complexities we typically face in cross-border donations. With the dirham stablecoin, we could channel donations into real impact faster, helping us reach more people in need while maximizing every dirham given.

Benefits for the Muslim Community

The stability and transparency offered by the AED stablecoin align well with the values that Muslims hold dear. While cryptocurrency offers the allure of fast, global transactions, many of our brothers and sisters have hesitated due to concerns around volatility and unpredictability. However, the dirham stablecoin provides a dependable option by maintaining a 1:1 ratio with the AED, alleviating fears of value loss and encouraging greater confidence in digital donations.

Through this initiative, Muslims around the world can participate more easily in charitable giving. For those unfamiliar with crypto, stablecoins like the AED introduce a middle ground between traditional currency and the potential of blockchain technology. This innovation not only fosters financial inclusivity but also respects the trust that’s so vital to Islamic principles. By offering a stable, transparent, and user-friendly way to donate, we’re creating more inclusive channels that honor the Islamic tradition of helping those in need.

How the AED Stablecoin Can Simplify Zakat and Sadaqah

With the AED stablecoin, we envision a future where giving your zakat or making a sadaqah contribution can be as easy as sending a message. Blockchain technology adds a layer of security by recording each transaction on a public ledger, which makes it transparent and traceable. This transparency gives our donors peace of mind, knowing that their contributions are reaching their intended purpose without unnecessary fees or delays.

Stablecoins, like the AED, can facilitate the payment of zakat in real-time, allowing our community to fulfill this essential obligation effortlessly. By donating through the dirham stablecoin, supporters can make an immediate impact, whether it’s to provide food for the needy, education for children, or financial aid for struggling families. This efficiency in distributing funds not only amplifies the charity’s reach but also ensures that we uphold the responsibility of zakat and sadaqah with dignity and respect for those who receive them.

Embracing a New Era in Islamic Giving

As we step into this new era of digital finance, we’re excited about the role that the UAE’s dirham stablecoin can play in transforming charitable giving for the better. This initiative opens up a world of possibilities, from simplifying international donations to creating a stronger, safer connection with donors. The AED stablecoin is more than just a currency; it’s a bridge that brings us closer to our donors, creating a community that’s bound by compassion and driven by shared values.

Inshallah, this development will not only bring more convenience to our supporters but also strengthen the impact we can achieve together. By embracing these advancements, we aim to uphold the Islamic principles of transparency, honesty, and care for those in need. May this new chapter in charity serve as a testament to the power of faith, unity, and innovation in the pursuit of goodness. Together, we can make a lasting difference, honoring the beauty of giving in Islam, and inspiring hope across the world.

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It Is Our Duty to Help Flood-Affected Valencia: Together, We Can Make a Difference

In the face of adversity, our humanity binds us closer. As we witness the devastating floods in Valencia, Spain in 2024, we are reminded that helping each other is more than an act of kindness—it is a duty that unites us all as children of Adam and Eve. Regardless of our backgrounds, beliefs, or borders, we share a profound responsibility to stand beside those in need, especially during times of crisis.

With a Muslim population of around 2.5 million across Spain and approximately 100,000 in Valencia alone, our Muslim brothers and sisters are directly affected by these floods. But this is not just a challenge for one community; it is a moment for all of us to come together, with open hands and open hearts.

As “Our Islamic Charity,” we are honored to provide crucial support to the people of Valencia. With the help of crypto donors like you, we have already started sending essential relief items, but our mission is far from over. In this article, we’ll walk you through the significance of these efforts, the impact of your support, and the steps we are taking to uplift those affected by this calamity.

United by Faith and Humanity: Our Shared Responsibility

In times of distress, Islam teaches us to act with compassion and empathy. The Quran reminds us that we are all children of Adam, responsible for each other’s welfare: “And We have certainly honored the children of Adam…” (Quran 17:70). This verse calls us to remember that no matter our nationality or creed, we are united in our humanity.

Our team at Our Islamic Charity believes that giving is an expression of faith, a reminder that we are here to support each other in times of need. Your donations for floods in Valencia enable us to extend this value beyond our borders, showing solidarity with our global family.

In Valencia, this flood has left countless families displaced and in need of shelter, warmth, and comfort. By working together, we can make a tangible difference in their lives, offering them relief and hope for a better tomorrow.

Emergency Aid Delivered: Meeting Immediate Needs with Compassion

Through our initial relief efforts, we have managed to distribute essential items to flood survivors in Valencia, thanks to your contributions. Our support package included life-sustaining essentials such as:

  • Drinking Water and Canned Food: When water sources are contaminated and food is scarce, these basic items become invaluable. Our team prioritized clean drinking water and ready-to-eat canned food, ensuring that families have access to safe nutrition in these trying times.
  • Hygiene Packs for Women: Understanding the specific needs of women, we provided hygiene kits tailored for their comfort and dignity. In times of crisis, personal hygiene can often be overlooked, but it is crucial to maintaining health and morale.
  • Warm Clothes and Baby Packs: For mothers and babies, we prepared special packs including warm clothes and other essentials to protect them from the cold and maintain their well-being. These packages aim to bring warmth and comfort, especially to those most vulnerable.

As our small local team works tirelessly in Valencia, they embody our commitment to provide relief with respect and compassion. These efforts would not be possible without the generosity of crypto donors who understand the urgency of this mission.

Your Crypto Donations: Powering Our Continued Humanitarian Efforts

Our work in Valencia is far from over. While we have made strides in providing initial relief, there is much more to be done to ensure long-term support for those affected. With your help, we aim to strengthen our presence in the region, establishing temporary shelters and offering continued assistance as the community rebuilds.

By choosing to donate in crypto, you empower us with a secure, transparent, and efficient method of funding that reaches the people who need it most. Crypto donations allow us to respond quickly, ensuring that aid reaches communities without delay. This speed and security in giving mean we can make an immediate impact, amplifying the power of every donation.

Supporting Valencia’s recovery is not just about restoring what was lost; it’s about rebuilding lives, restoring hope, and nurturing resilience. As you donate, you stand with us in our mission to serve humanity, to bring relief to those in crisis, and to share the blessings we are fortunate to have. You can donate to Valencia Spain Flood from here with Bitcoin or Ethereum and other cryptocurrencies.

Together, We Can Light the Path to Recovery

The call to help our brothers and sisters in Valencia transcends geographical boundaries, reminding us that we are part of a shared world. In the Quran, Allah says:

“Whoever saves one—it is as if he had saved mankind entirely” (Quran 5:32).

This verse resonates deeply, especially during times like these, urging us to act and make a difference where we can.

Our Islamic Charity is committed to continuing this journey of aid and compassion, reaching out to those affected in Valencia and beyond. By donating to our cause, you become part of this mission. You become a source of hope, a beacon of kindness, and a testament to the power of unity.

Let us stand together, embracing our role as stewards of mercy and compassion. Let us rebuild Valencia, one act of kindness at a time.

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Baalbek, Lebanon: Crisis and Displacement Amid Conflict in 2024

As our team at Our Islamic Charity responds to ongoing crises, our hearts and efforts are drawn to Baalbek, Lebanon—a city under severe strain due to recent conflict. Families have been torn from their homes, and the war’s toll is visible across this ancient, once-vibrant city. Many of the displaced are vulnerable women and children, struggling to find safety and basic resources as they’re forced to the Lebanese-Syrian border in search of refuge.

With the approaching winter, our work is only becoming more urgent. Together, let’s delve into the current crisis facing Baalbek and how we, as a united ummah, can provide meaningful, impactful support to those affected.

The Crisis in Baalbek: Conflict and Displacement

The city of Baalbek, a historic landmark and cultural center, has recently been thrust into turmoil. Bombings and ongoing skirmishes have led to significant destruction of infrastructure, leaving many homes and essential buildings in ruins. As a result, families are fleeing northward toward Lebanon’s border with Syria, where they face grueling conditions and inadequate shelter.

For many, the journey is filled with hardship. Women and children, the most vulnerable, are bearing the heaviest burdens. The cold autumn nights are fast turning into harsh winter conditions, and those who have managed to escape face chilling temperatures with little to no access to heating equipment, warm clothing, or sufficient shelter. Tents are few, and the limited heating sources like oil and diesel are nearly impossible to acquire due to the danger and complexity of transport.

The Urgent Needs: Food, Water, and Shelter

Securing basic resources has proven difficult under these circumstances. Our brothers and sisters lack the simplest yet most essential items: clean drinking water, dry food, and other necessities to make their temporary shelter survivable. Providing even the basics for cooking—such as potatoes, onions, and tomatoes—is hindered by long and often restrictive inspections along transport routes. Our charity is working to deliver durable food items like beans and dry grains that can withstand the journey, insha’Allah, but we must be prepared for long wait times and limited quantities.

Without sufficient clean water, health risks rise, especially among children and the elderly. The harsh weather, combined with a lack of sanitation, increases the risk of illness. Our aim is to ensure that every family has at least the bare essentials to cook, stay warm, and remain safe from preventable diseases.

How You Can Help: Crypto Donations for Baalbek

We at Our Islamic Charity believe that every bit of help makes a profound difference, and your support can directly impact these lives. For those who wish to contribute, we are accepting crypto donations, a secure and efficient way to deliver aid amidst these complex circumstances. Crypto donations allow us to quickly convert funds into vital supplies and distribute them where they’re needed most. By donating, you become part of a resilient network of support for our brothers and sisters in Baalbek in Lebanon.

Every donation, whether large or small, fuels our mission to bring relief to those enduring unimaginable hardship. Your contributions help us stand beside the people of Baalbek, provide warmth and nourishment, and, ultimately, affirm our collective humanity and commitment to charity as guided by our deen.

Standing Together as an Ummah

The plight of Baalbek’s people is a reminder of our duty to support each other through trials. The Quran and Hadith encourage us to give charity, especially to those suffering from war and displacement.

The Prophet Muhammad (peace be upon him) taught that we are like one body; if one part suffers, all parts feel the pain.

Together, as an ummah, we can help our brothers and sisters overcome this difficult period. Let us remain steadfast in our commitment to provide relief and comfort to those in need, demonstrating our shared faith and compassion.

In these times of hardship, may Allah bless our efforts and grant ease to the people of Baalbek. We pray for their protection and strength and remain committed to standing by them. Join us in this mission, and let’s work together to bring light and hope to those in darkness.

 

 

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Supporting Women and Childrens in Sudan

In Sudan, where turmoil and insecurity loom heavily, women and girls face incredible challenges. For those of us in Our Islamic Charity, this crisis is a call to action. We understand that every woman and girl deserves safety, dignity, and the chance to thrive, even amid hardship. As instability rises due to armed groups and a lack of secure infrastructure, our mission is to bring critical aid to women and children, ensuring they can find refuge, hope, and a safe pathway forward. This article delves into our two-pronged strategy to support Sudanese women and girls in need, focusing on strengthening facilities in larger camps and creating safer, more secure communities.

The Plight of Sudanese Women and Girls: Seeking Safety and Security

Life in Sudan today is far from ordinary. With autonomous militias and ongoing insecurity, Sudanese women and girls face an elevated risk of violence and deprivation. Many are left vulnerable, especially in remote villages, which are often isolated from critical resources and secure locations. The safety challenges are stark, and we’re committed to taking action.

Through Our Islamic Charity, we’re taking steps to address these urgent needs in Sudan, beginning by focusing on locations like Darfur, where many women and children have been displaced. Our goal is to bring these women into safe, protective spaces where they can access essentials such as clean water, healthcare, and food. We also aim to offer them an environment where they feel valued and empowered, fostering resilience amidst adversity.

Strategy 1: Strengthening and Expanding Refugee Camps in Darfur

One of our primary objectives is to enhance the facilities within established camps, particularly in Darfur. Many camps in this region, like Kalma Camp in South Darfur and El Fasher Camp in North Darfur, are home to thousands of displaced women and children. By increasing resources here, we can ensure that these women and girls have access to necessities—food, water, healthcare, and security.

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The existing camps are often stretched thin. Expanding these facilities not only provides immediate relief but also improves the long-term infrastructure to handle new arrivals. By reinforcing these camps, we give women and girls an opportunity to live in a safer environment, receive care, and access resources for a more hopeful future. As we bring in resources like self-care stations, community kitchens, and healthcare tents, we empower these communities to begin rebuilding. You can now donate crypto to women and children in Sudan from here.

In this environment, where every new addition can transform lives, we want these camps to be centers of strength and resilience. Our dream is to create spaces where women and girls can thrive, receive training, and even begin generating income to support themselves.

Strategy 2: Uniting Villages and Relocating to Safer Zones

Beyond the camps, many Sudanese women and children live in small, remote villages scattered across the countryside. In these isolated communities, insecurity is even more pronounced, and resources are almost non-existent. Our second strategy is to unify these smaller villages, bringing people together into larger, safer areas closer to urban centers. By creating these bigger communities, we can offer enhanced protection measures and a greater level of social and healthcare services.

This approach isn’t just about relocating people; it’s about building a supportive environment. For many women, leaving their village can be emotionally and culturally challenging. We work with local leaders to create a smooth transition, ensuring that these larger communities retain the values and customs that are central to the lives of these women. By building community within these new areas, we’re not just providing protection but also fostering a sense of identity and belonging.

The move to these more secure zones also allows us to set up essential facilities faster. In these bigger communities, women and girls can access healthcare services, schooling, vocational training, and food supplies without needing to travel long distances. These are all among our various programs to support women, which you can donate under the name of special programs for women.

Empowering Sudanese Women and Girls: A Collaborative Effort for Lasting Change

Building safe spaces and a sense of community is just the beginning. We know that to truly empower Sudanese women, we must focus on long-term sustainability. This means not only protecting them from immediate threats but also equipping them with skills and knowledge to become self-sufficient. Through Our Islamic Charity, we offer training programs in healthcare, education, and small business skills, encouraging women to find ways to support themselves and their families.

Each woman who gains confidence, each girl who finds her voice, strengthens the entire community. Our mission goes beyond emergency aid; it’s about giving these women and girls the tools to live resiliently and independently.

Our work in Sudan isn’t easy, but it’s a calling that binds us together in Our Islamic Charity. By reinforcing shelters and creating safe communities, we stand side by side with Sudanese women and girls, championing their right to live with dignity, security, and hope. Through every challenge, we remain committed, building a future where these women and girls are not only safe but are also empowered to shape their own destinies.

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