The Shacklewell Lane Mosque, also referred to as Masjid Ramadan, has announced that it will accept donations in cryptocurrency.<\/p>\n
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The Shacklewell Lane Mosque, also referred to as Masjid Ramadan, has announced that it will accept donations in cryptocurrency.<\/p>\n
The move would make the Hackney mosque in East London the first in the UK to take payments in digital currency.<\/p>\n
The chairman of the Shacklewell Lane Mosque told the UK\u2019s news publications about the move to accept both Bitcoin and Ether for donations. According to 51-year-old Erkin Guney, these contributions would be spent on structural repair work at the mosque, helping poor members of the community with funeral costs, and feeding less well-off Muslim families.\u00a0<\/p>\n
\u201cIt\u2019s new money. It\u2019s moving with the times. It\u2019s no different from transferring money from the bank,\u201d he said.\u00a0<\/p>\n
The mosque\u2019s leaders have been advised about how the intricacies of using digital currency work by the founder of Combo Innovation, Gurmit Singh. Islamic finance is the focus of the London-based blockchain technology company.<\/p>\n
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The Shacklewell Lane Mosque, also referred to as Masjid Ramadan, has announced that it will accept donations in cryptocurrency. \u00a0 \u00a0 The Shacklewell Lane Mosque, also referred to as Masjid Ramadan, has announced that it will accept donations in cryptocurrency. The move would make the Hackney mosque in East London the first in the UK …<\/p>\n","protected":false},"author":4,"featured_media":17089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_108372464460192_245495985553329":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[30],"tags":[107,214,265,59],"class_list":["post-5916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-london","tag-mosque","tag-ramadan","tag-u-k"],"yoast_head":"\n