Tag: Cryptocurrency Exchange

Beldex is Now Shariah Compliant

Beldex is now Shariah Compliant!

Beldex is now Shariah-compliant. This is a huge step for us as it means that the Beldex cryptocurrency exchange complies with the rules of Islamic finance. Shariah sets the guidelines for a way of life for the followers of Islam. Thus, they govern the entirety of a person’s daily activities. This applies to everything, and a digital asset is no exception. Anything that’s prohibited by Shariah is final. Many scholars have discussed the issuance of Shariah compliance certification to blockchain and digital asset firms. Right now, in the cryptocurrency environment, a number of crypto exchanges are trying to become Shariah-compliant.