Bitcoin declared halal (permissible under Islamic law).

Bitcoin declared halal (permissible under Islamic law).

This is not the kind of news that most Westerners would typically pay attention to.

They don’t realize that ...

• Approximately 1 in 4 people in the world are Muslim.

• They hold an estimated 5.8% of the world’s wealth (compared to 3.3% held by Hindus and 1.1% by Jews).

• And now that Bitcoin ownership is permissible, they could be another new source of demand for cryptocurrencies.