Pakistan Sets Up Virtual Assets Authority: Halal Crypto Oversight Begins
π Published on: July 17, 2025 | π Category: Islamic Finance / Crypto Regulation
Pakistan launches PVARA to regulate crypto assets and ensure Shariah compliance through a dedicated Sharia advisory committee.
πΉ 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.
πΉ 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.
π 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
πΈ Global Reactions
- π Favourably viewed by Islamic finance groups as progressive measure
- πΌ Fintech startups in Pakistan now welcome regulatory clarity
- π Regional crypto users express cautious optimism
π How Should We Respond?
- π£️ Stay updated on crypto regulation and Islamic rulings
- π Educate oneself on halal investment and fintech
- π€² Pray for ethical and transparent digital economies
π SEO Tags:
#PakistanCrypto #HalalCrypto #IslamicFinance #2025PVARA
✍️ Written by: Ababil Islamic News Editorial Team
π Source: ababilislamicnews.blogspot.com
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