A fatwa issued by Mufti Muhammad Taqi Usmani, president of Wifaq-ul-Madaris Al-Arabia Pakistan and Darul Uloom Karachi, stated that buying goods with cryptocurrency is not permissible under Islamic law (Shariah), The News reported.
According to the fatwa, based on the findings and opinions of experts consulted so far, cryptocurrency does not qualify as maal (property or wealth) in Sharia but is merely a record of notional numbers in an account.
Islamabad is all set to host the Organization of Islamic Cooperation’s (OIC) 9th Ministerial Conference on Women on July 12–13, with delegations from member states arriving in the federal capital.
The conference, being held under the theme “Socio-Economic and Political Empowerment of Women in the OIC Countries: Challenges and Way Forward,” will bring together the ministers responsible for women and family affairs, senior government officials, representatives of OIC institutions, international organisations and development partners to deliberate on advancing the socio-economic and political empowerment of women across the OIC Member States.
The results of the admission test conducted by NED University of Engineering and Technology have exposed serious weaknesses in the academic standards of Sindh’s public examination boards, particularly the Sindh Board of Technical Education (SBTE) and several boards in the interior of the province, while students from Cambridge, foreign examination systems and other independent boards recorded significantly higher success rates.
Speaking to The News, NED Vice Chancellor Dr Tufail said a large number of students who had secured more than 70% to 80% marks in the first year of intermediate examinations failed to qualify in the university’s admission test, raising serious questions about the credibility of marks awarded by some examination boards.