Certain restrictions must be followed, however The Russian Council of Ulema has adopted a decree allowing Muslims to circulate and invest in cryptocurrency under certain circumstances, Mufti of Moscow Ildar Alyautdinov said on Friday. The Council of Ulema is the scholarly body of the Russian Muslim community, and debated the issues of banking, family law, and blockchain from the perspective of Islamic law (Sharia) at its last meeting of 2023. The council “supports the development of internet technologies that lead to an improvement in people’s quality of life,” Alyautdinov told RIA Novosti, which is why they ruled
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