Turkish religious figures: Bitcoin does not suit Islam

The conservative religious organization has declared that Bitcoin, the most famous cryptocurrency and right now, also the most expensive one, is not corresponding with the principles of Muhammad’s teachings. This organization, quite surprisingly, resides not in the Middle East, where in some countries, the TV shows are dedicated to what suits Islam and what does not, but in the relatively secular Turkey.

The Diyanet, which is how the Directorate of Religious Affairs in Turkey is also called, has stated that because Bitcoin is not controlled by any authority and has properties which easily allow its use as a means of money laundering, it is not good for those who consider themselves devout followers of Islam.

Interestingly enough, the authorities of Iran, one of the most conservative countries in the world with very strong Islamic traditions, did not say anything about Bitcoin in terms of religion, at least lately. What they actually stated on cryptocurrency is that they are ready to welcome it after the necessary regulations are developed.