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Shiba Inu: Halal? Am I Buying?

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Practical Islamic Finance

Practical Islamic Finance

2 жыл бұрын

#shibaInu #halalcrypto
Shiba Inu, is a young cryptocurrency that recently reached a valuation of roughly $10 billion dollars.
In this video I cover what is Shiba Inu? how is Shiba Inu different from Dogecoin? Is Shiba Inu halal? Will I be buying any Shiba Inu?
Let me know what you think in the comments!
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Disclaimer: Anything you hear in this video is an opinion. It is not to be considered personalized financial advice. Make sure you do your own due diligence before making any investment decisions.

Пікірлер: 139
@saheedmustapha9933
@saheedmustapha9933 2 жыл бұрын
Jazak Allahu Khairan brother. You have spoken well.
@ahsanakram8156
@ahsanakram8156 2 жыл бұрын
Jazak'Allah for your work brother.. I saw your video on day trading stocks.. those arguments do not apply to crypto as far as I understood.. is buying and selling a crypto multiple times daily halal ? Would love to have your take on this .. thankyou
@shakeelchoudhry4814
@shakeelchoudhry4814 2 жыл бұрын
Thank you brother, Can you do a video with complete analysis of HEX cryptocurrency. Richard heart has alot of information about it, I would like to see what are your thoughts on buying and just holding HEX vs Staking HEX.
@akenyanwoman
@akenyanwoman 2 жыл бұрын
Very interesting video. This shows how widespread Shiba Inu is becoming.
@abdo1983_
@abdo1983_ 2 жыл бұрын
It is not the topic why people question if it is haram or not, it is their new whitepaper, with the new shibaswap function. Halal and haram is slightly different from what a person could consider comfortable or not aquiring, a topic of halal and haram is bigger than a personal opinion without a little research of the technicalities. And i totally understand it is a good intention of you, however this topic is not to be discussed as a personal opinion. Hadana Allah w Eyakom
@mohammedazeezullarizwan4070
@mohammedazeezullarizwan4070 2 жыл бұрын
Asslama Alaikum Hi Brother Thanks for making these informational videos on crypto and educating us with halal & haram stuff May Allah SWT reward you with abundant wealth in this world and hereafter! Can you please make a video about whether metaverse crypto investment is halal or haram??
@Tollaeio
@Tollaeio 2 жыл бұрын
I think it would be a great idea to make a video about which cryptos [among the major ones at least] are haram to hold and trade.
@haroonsadiq4319
@haroonsadiq4319 2 жыл бұрын
Well if he’s giving Shiba a free pass, then it’s hard to imagine there being a coin he would name Haram.
@ANONEMMS
@ANONEMMS 2 жыл бұрын
brother, can you activate the subtitling for the translation please? we don't all speak english brother :-) thanks
@usmanharuna1608
@usmanharuna1608 2 жыл бұрын
Please do a video on defi in general
@zakarieabdilaahi9268
@zakarieabdilaahi9268 2 жыл бұрын
Thnx you are a legend but i have one question what is defi ecosystem
@mohamedmessaouik3964
@mohamedmessaouik3964 2 жыл бұрын
Assalam my brother, do you plane to make a investing founds for foreigners if it's not the case, any advice where can i invest in halal, djazak allah.
@ulyamdadhar2213
@ulyamdadhar2213 2 жыл бұрын
Masha allah, thanks brother
@zryanhassan713
@zryanhassan713 11 ай бұрын
Asalamunalikum dear brother. What do you think about Shiba after one year of your video?
@bujarsejdiu3199
@bujarsejdiu3199 2 жыл бұрын
Assalamu Alaykum. Thank you for your efforts and may Allah reward you with best of rewards in dunya and akhirah. However, there are two issues I would like to rise: 1. The ayah you referred to does not have that meaning that you argued with; 2. The problem of SHIB is not high volatility but lack of transparancy in staking proces and in the fact that SHIB is native coin of Shibaswap - that both have prohibitions due to riba (interest) elements.
@alengCo
@alengCo Ай бұрын
good explanation brother
@mohamedalthaff7380
@mohamedalthaff7380 2 жыл бұрын
Thank you so much
@mdsafrajhussain
@mdsafrajhussain 2 жыл бұрын
you told we cant use it practically but we can convert it into our countrys respective currency then we can use right??
@javid666
@javid666 2 жыл бұрын
This was explained really well, jazakallah brother
@bentech2868
@bentech2868 2 жыл бұрын
Is it halal ? Ididnt understand very well
@al-qureshbirdsandpets9190
@al-qureshbirdsandpets9190 2 жыл бұрын
Type ALLAH with capital
@abdikadirmohamed5774
@abdikadirmohamed5774 2 жыл бұрын
Is Tectonic ( TONIC) halal investment ?
@Rakeebrkb
@Rakeebrkb 2 жыл бұрын
Wa alaikum Salaam
@syedsalman8759
@syedsalman8759 2 жыл бұрын
USDT halaal? Please reply.
@HamzaKhan-ft7xx
@HamzaKhan-ft7xx 2 жыл бұрын
Pleas help me brother.s my english is not good i not understand shiba coin is halal or haram … give me one word. Halal. Or haram???????????
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
How can u explain Bitcoin from October 2020 was 10 thousand $ only one and February 2021 rose into 57 thousand.was it impossible? And today it’s 62 000 .
@ang31032006
@ang31032006 2 жыл бұрын
Assalam, just to clarify so does thst mean investing in shiba is haram? Or its still a grey area? Thanks
@Metroterrestrial1
@Metroterrestrial1 2 жыл бұрын
Grey area
@syedsalman8759
@syedsalman8759 2 жыл бұрын
Bityard exchange halaal ?
@beast5556
@beast5556 2 жыл бұрын
What about Synthetix and Badger Dao?
@ahmadzai6
@ahmadzai6 2 жыл бұрын
Brv is node projects halal?
@theWolfofVaca
@theWolfofVaca 2 жыл бұрын
Brother thank u for the video, plz do a video on safemoon plz
@practicalislamicfinance
@practicalislamicfinance 2 жыл бұрын
kzfaq.info/get/bejne/fMl5i5Ziva-vfmg.html
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
Thank u oumar😂
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
How can he explain Bitcoin from October 2020 was 10 thousand $ only one and February 2021 rose into 57 thousand.was it impossible? And today it’s 62 000 .
@complexboy7301
@complexboy7301 2 жыл бұрын
Brother... Can tell me please! Can i buy crypto and sell it with high price at a same hour??
@bilalhaddad1835
@bilalhaddad1835 2 жыл бұрын
If price go high you can sell
@Kings11csk
@Kings11csk 2 жыл бұрын
Shib inu halal or haram pls reply
@ashifmohamed184
@ashifmohamed184 2 жыл бұрын
Lovely inu token is halal? Please tell me
@bunyodq4984
@bunyodq4984 2 жыл бұрын
is shib halal?
@arshiasalma1133
@arshiasalma1133 2 ай бұрын
Please give a conclusion whether it is haram or halal.
@syedadeeb6746
@syedadeeb6746 3 ай бұрын
Hi, has your opinion changed in 2024. Is it more feasible now than it was before? What do you suggest investing small amounts such as $100-$1000?
@shaikrafeeq5611
@shaikrafeeq5611 3 ай бұрын
Dia quant app trading is halal are haram please reply me
@dannyworld8047
@dannyworld8047 2 жыл бұрын
What is the conclusion? Shiba inu coin is halal or haram?
@ishfaq2970
@ishfaq2970 2 жыл бұрын
Please make a video on redmars coin.. Please sir
@frat8088
@frat8088 2 жыл бұрын
Thank you brother. I've been holding some Shiba for a while. With this recent pump I got some profits but heard from some people that this coin was not permissible which made me feel really badly. But your interpretation relaxed me a bit.
@masukali5395
@masukali5395 2 жыл бұрын
@MG10 yes mate
@arshatali5259
@arshatali5259 2 жыл бұрын
Is that halal? Is that true
@masukali5395
@masukali5395 2 жыл бұрын
@@arshatali5259 it is halal
@arshatali5259
@arshatali5259 2 жыл бұрын
@@masukali5395 it is not halal
@mustafaalnubani9626
@mustafaalnubani9626 2 жыл бұрын
Is it haram
@safwansafwan9135
@safwansafwan9135 5 ай бұрын
Conclusion?
@yedlam7991
@yedlam7991 2 жыл бұрын
what about the image it got, it is a drawing of a dog which is not halal i think? let us know if this image make shib non halal?
@imsajeem
@imsajeem 2 жыл бұрын
Drop shipping & Selling design on print on demand website like teespring is haram or halal ? Sir please reply
@dranamulhasan
@dranamulhasan 2 жыл бұрын
I think this should be halal until you are selling something halal or your print on demand contains halal arts....
@shaikrafeeq5611
@shaikrafeeq5611 3 ай бұрын
Dia quant trading is halal?
@AA-mb9uq
@AA-mb9uq 2 жыл бұрын
Is dogelon mars coin halal?
@aftaba3381
@aftaba3381 2 жыл бұрын
Can you make a video on Terra Luna
@indianproman
@indianproman 2 жыл бұрын
So is it halal?
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
But how doge coin was possible to do that ?
@umarawan245
@umarawan245 2 жыл бұрын
Is coinbase halal to use?
@mdmahmud1719
@mdmahmud1719 2 жыл бұрын
What is the best platform to buy cryptocurrency?
@practicalislamicfinance
@practicalislamicfinance 2 жыл бұрын
I use coinbase pro most often
@userdead9570
@userdead9570 4 ай бұрын
Brother I didn’t understand. Is it halal or haram.
@Mo-tn7lv
@Mo-tn7lv 2 жыл бұрын
Great explanation, thx
@carafaatfaarah6578
@carafaatfaarah6578 2 жыл бұрын
Shiba halal or halam clerify please
@habeebmd6835
@habeebmd6835 2 жыл бұрын
plz add subtitle
@mhkislamicwrites304
@mhkislamicwrites304 5 ай бұрын
Is it halal or haram??? I did not understand!!
@user-kp2dj2zx6v
@user-kp2dj2zx6v 2 жыл бұрын
Make a video about sundaeSwap
@mounirbahloul4272
@mounirbahloul4272 Жыл бұрын
Is it halal or haram
@tamilmass8616
@tamilmass8616 2 жыл бұрын
Is it halal or haram?? Anyone reply me plz!!
@punjabians909
@punjabians909 4 ай бұрын
Halal or haram?? Someone plz tell me just tell me halal or haram shibainu?
@user-kp2dj2zx6v
@user-kp2dj2zx6v 2 жыл бұрын
Make a video about SundaeSwap
@irfansaeedkhan7242
@irfansaeedkhan7242 2 жыл бұрын
you neither explain crypto is haram or halal nor you about shib coin, you were jumping around the investment in shib or not, what was the title and main content ?
@thanimm225
@thanimm225 2 жыл бұрын
Thought on LCID😊
@artistaeps
@artistaeps 2 жыл бұрын
im gonna sell it all at the same prise that i give it مش عارف نكتب انقليزي بس المهم اني هنبيعها بنفس السعر ل شريته بيها
@ChafikTheChief
@ChafikTheChief 2 жыл бұрын
Great video, JAK. But using the same having $1m and investing $5k example, doesn’t a tiny part of you want to invest your equivalent of 5k in shib JUST in case. Yes 400 trillion is an insane amount but shiba is in its infancy stage. The developers allude to many burn mechanisms being worked on and in the pipeline. The most recent of which being through their NFTs they just launched. Anytime you rename your NFT an amount of shib gets burned.
@practicalislamicfinance
@practicalislamicfinance 2 жыл бұрын
Sure I can understand that logic. Like I said, I wouldn't fault someone who chooses differently. I get it.
@newpersonal3762
@newpersonal3762 2 жыл бұрын
@@practicalislamicfinance Shiba Inu is a joke and not based on having value. It's pure gambling.
@ChafikTheChief
@ChafikTheChief 2 жыл бұрын
@@practicalislamicfinance I admire your open mindedness yet firm stance on keeping things practical :)
@slmeur8195
@slmeur8195 2 жыл бұрын
There using picture in to it and pumping dumping like a gambling I didn’t think so is it halal
@arshidshafi378
@arshidshafi378 2 жыл бұрын
Every good be it an edible has a picture on it or even soaps has pictures of human or animals on it.using the soap or that edible does not make it haraam.yes pictures in itself is haraam but the thing which u r using is not haraam
@slmeur8195
@slmeur8195 2 жыл бұрын
@@arshidshafi378 Why Islam forbids keep pictures in you’re house ( Baraque will reduce )
@rayyangogula1366
@rayyangogula1366 2 жыл бұрын
icant understand what your saying is shiba halal or haram please tell
@a.r.sgaming3036
@a.r.sgaming3036 3 ай бұрын
Yes same question
@farissalam2052
@farissalam2052 2 жыл бұрын
So Shiba inu coin haram or halal someone please help me assalamualaikum
@EuphoricPlaz
@EuphoricPlaz 2 жыл бұрын
Watch sheikh joe bradford
@doghun4416
@doghun4416 2 жыл бұрын
wa alaikum salam. we must reply a greeting/salam with the same on or a better one (Quran 4:86)
@a.r.sgaming3036
@a.r.sgaming3036 3 ай бұрын
Is shiba inu halal
@user-tu4mk8vk5d
@user-tu4mk8vk5d 2 жыл бұрын
وعَلَيْكُمْ السَّلاَمُ وَرَحْمَة اللهِ وَبَرَكَاتُهُ شيبا لها مشروع منصة لا مركزية وده سبب تحريم البعض لها لا مجرد أنها عملة ميم او ترند وإن كنت شخصيا أبتعد تماما عن مثل تلك العملات
@tamilmass8616
@tamilmass8616 2 жыл бұрын
Shib is halal or haram.. Plz tel me... I don't kne arabic
@tamilmass8616
@tamilmass8616 2 жыл бұрын
Can u plz tel me halal or haram
@CR-tg2wb
@CR-tg2wb 2 жыл бұрын
I have to correct one point, Shiba Inu is also proof of work since the Ethereum is also PoW
@muhammadabdulrehman6986
@muhammadabdulrehman6986 2 жыл бұрын
Is shiba inu and ETH is halal in islam
@xland6997
@xland6997 2 жыл бұрын
@@muhammadabdulrehman6986 ETH yes, SHiba Inu mostly not
@taahakhalifa8072
@taahakhalifa8072 2 жыл бұрын
@@xland6997 why not??
@xland6997
@xland6997 2 жыл бұрын
@@taahakhalifa8072 Shiba Inu is a meme coin that doesn't bring a real value soo it's like a gamble also doesn't have fundamental projects (expect ShibaSwap)
@joharshah1100
@joharshah1100 4 ай бұрын
Video starts at 3:20
@zahidshaikh5723
@zahidshaikh5723 2 жыл бұрын
Forex trading is halal or not ?
@hindgrimiche4772
@hindgrimiche4772 2 жыл бұрын
Forex is haram
@zahidshaikh5723
@zahidshaikh5723 2 жыл бұрын
@@hindgrimiche4772 thank u
@tarika5188
@tarika5188 2 жыл бұрын
Bitcoin ETF launches today,proshares ETF symbol BITO , any insight would be great, thanks
@goldmedalcars4700
@goldmedalcars4700 2 жыл бұрын
Maybe ease up on your bias a little… you haven’t brought up utility cases, future utility cases as well. Unfortunate, people please DYOR, do not just listen to him. Theres alot more going on here than this man pointing you to, im just saying please look deeper
@personal2455
@personal2455 2 жыл бұрын
in crypto can i do short, leverage or future trading is it halal ??? reply so that we cant misunderstand
@hindgrimiche4772
@hindgrimiche4772 2 жыл бұрын
Futures are haram
@bilalhaddad1835
@bilalhaddad1835 2 жыл бұрын
Haram
@ermin3984
@ermin3984 2 жыл бұрын
Leverage is haram , futures are haram its gambling
@tamilmass8616
@tamilmass8616 2 жыл бұрын
@@hindgrimiche4772 can u plz tel me shib is halal or haram
@tamilmass8616
@tamilmass8616 2 жыл бұрын
@@ermin3984 can u plz tel me list of top 100 haram coins
@cartel7765
@cartel7765 2 жыл бұрын
Stay away now and cry later
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
Thank u 🙏🏽 😂
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
How can he explain Bitcoin from October 2020 was 10 thousand $ only one and February 2021 rose into 57 thousand.was it impossible? And today it’s 62 000 .
@TheTruthhurts1984
@TheTruthhurts1984 2 жыл бұрын
Any investment is risky. When you open a business your not 100% sure your going to succeed. I think this risk thing is misunderstood because your playing with the future. No one knows the future but Allah. I’m a Shiba investor and made good profits. That o my thing I feel guilty about it that it was easy money. Now if easy money is haram that is something else.
@practicalislamicfinance
@practicalislamicfinance 2 жыл бұрын
Well so long as inheritance isn’t haram I don’t think any one can say all easy money is haram.
@TheTruthhurts1984
@TheTruthhurts1984 2 жыл бұрын
@@practicalislamicfinance you have a point, I didn’t think of that. Thank you brother.
@user-kn5lc2zo2c
@user-kn5lc2zo2c 2 жыл бұрын
​@@practicalislamicfinance Most likely that inheritance was earned through real work though. I don't think it's comparable.
@practicalislamicfinance
@practicalislamicfinance 2 жыл бұрын
@@user-kn5lc2zo2c not by the inheritors
@doghun4416
@doghun4416 2 жыл бұрын
@@practicalislamicfinance salam. someone who did real work to earn money could leave a part of it to his/her kin, relatives by the command of Allah swt. it is not comparable with "easy money", gambling, interest.
@jayinthelongrun7453
@jayinthelongrun7453 2 жыл бұрын
“Supporters are insane.” Lol. I almost choked laughing.
@attari4118
@attari4118 2 жыл бұрын
ALL MEME COINS ARE HARAM
@crystalc6232
@crystalc6232 2 жыл бұрын
Why?
@marthinuskalp3715
@marthinuskalp3715 2 жыл бұрын
Are you serious...all greed is build on mamon's ways but atleast a muslim call Shiba inu halal it's now a spiritual coin... Do you even hear and understand what your saying..? As a non muslim it sounds ridiculous as you make money from KZfaq by just making this video which means you tube has to be halal as well...trust me it's not..!
@XRPMAXY
@XRPMAXY 2 жыл бұрын
do you know the halal and haram basic?
@marthinuskalp3715
@marthinuskalp3715 2 жыл бұрын
@@XRPMAXY do you have a brain...use it,it was given to you for free
@XRPMAXY
@XRPMAXY 2 жыл бұрын
@@marthinuskalp3715 so use it too
@tamilmass8616
@tamilmass8616 2 жыл бұрын
Can u plz tel me it's halal or haram
@newpersonal3762
@newpersonal3762 2 жыл бұрын
Shiba Inu is gambling.
@Himo1299
@Himo1299 2 жыл бұрын
*لا تاكلو اموالكم بينكم بل باطل* . Please. Don't encourage muslims to invest in those type of investment
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
Why we can’t not a Muslim shouldn’t be rich everything is haram in Muslim until people is surpassing us .let make something for Muslim people instead of always judge
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
U can be right but u should not say stop it until you can prove it wrong
@user-kn5lc2zo2c
@user-kn5lc2zo2c 2 жыл бұрын
​@@aboubacarsidibe7678 Who is to say you will become rich with it? Many people on the other hand will lose their life savings buying silly alt coins. Don't you consider for these people too? It is a very risky coin driven by speculation, and 72% of it is owned by 10 people.
@aboubacarsidibe7678
@aboubacarsidibe7678 2 жыл бұрын
@@user-kn5lc2zo2c How can u explain Bitcoin from October 2020 was 10 thousand $ only one and February 2021 rose into 57 thousand.was it impossible? And today it’s 62 000 .
@user-kn5lc2zo2c
@user-kn5lc2zo2c 2 жыл бұрын
​@@aboubacarsidibe7678 BTC is not a meme alt coin that plummets or peaks based on a certain someone tweeting. But since you mentioned it, BTC has no real intrinsic value and has yet to prove it can be used as a currency. Most people who buy it anyway are "hodling" it as an investment rather than a currency. It has characteristics of a ponzi scheme in the sense that the people first in make bank from those entering later at a higher price. Infact the only way you can secure a return is to ensure ongoing monetary flow aka new investors. This explains the incessant ads, videos and content on social media to lure people in the crypto market, which is done mostly via scare tactics (The dollar is about to collapse, banks will seize your money etc). It reeks of a scam and a bubble that is yet to pop. It is also easily prone to market manipulation as 40% of it is owned by 1000 people.
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