Malaysian SC Shariah Advisory Council praises crypto’s ‘great potential’
Cointelegraph
Published Oct 07, 2020 09:20PM ET
Updated Oct 08, 2020 11:40PM ET
Just three months after a landmark decision declaring digital assets trading is permissible under Islamic law, and religious scholars in Malaysia say crypto is looking bullish as an investment.
The Malaysian Reserve reported Dr. Modh Daud Bakar, the Securities Commission Malaysia (SC) Shariah Advisory Council chairman, as saying that crypto has great potential but adoption in the country faced challenges from a lack of understanding about the asset class.
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Written By: Cointelegraph
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