Islamic Finance · 16 min
Mufti Taqi Usmani Ruled Crypto Is Not Maal. The Six Roots Ask a Harder Question.
Mufti Taqi Usmani's fatwa asks whether a cryptocurrency token is maal, wealth. The deeper and older question, the one Islamic finance was actually built to ask, is whether money's own architecture, however it is built, honours or violates six roots that predate any single ruling.
M Azim Abdul Majeed · 2026-07-13