Pakistan Sets Up Virtual Assets Authority: Halal Crypto Oversight Begins

🕒 Published on: July 17, 2025 | 📚 Category: Islamic Finance / Crypto Regulation

Pakistan launches PVARA to regulate crypto assets and ensure Shariah compliance through a dedicated Sharia advisory committee.

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🔹 What Happened?

Pakistan established the Pakistan Virtual Assets Regulatory Authority (PVARA) on July 8, 2025, to regulate crypto assets and issuing licenses.
A built-in Sharia advisory board will guide halal usage and compliance.

🔹 Why It Matters to Muslims

Crypto is evolving—but without clear Islamic guidance, many hesitate. PVARA’s Shariaq oversight bridges the gap between tech and Islamic principles.

📖 Islamic Reflection

“Who fear Allah and believe in the Last Day, and enjoin what is right and forbid what is wrong…” – Surah Al-Imran 3:104

🔸 Global Reactions

• 🌐 Favourably viewed by Islamic finance groups as progressive measure
• 💼 Fintech startups in Pakistan now welcome regulatory clarity
• 📈 Regional crypto users express cautious optimism

🔎 How Should We Respond?

• 🗣️ Stay updated on crypto regulation and Islamic rulings
• 📚 Educate oneself on halal investment and fintech
• 🤲 Pray for ethical and transparent digital economies

📌 SEO Tags:

#PakistanCrypto #HalalCrypto #IslamicFinance #2025PVARA

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✍️ Written by: Ababil Islamic News Editorial Team

🌐 Source: ababilislamicnews.blogspot.com