Halal Crypto Expert : How To Invest in Bitcoin in 2025 | Ep 42 - Ibrahim Alkurd
Description
Meet Ibrahim, a Palestinian born med school drop out who went on to build one of the UK’s largest crypto empires in both mining and trading.
Ibrahim shares his journey with us, why and how Muslims should be investing into crypto, as well as what Muslims should be focussing their skillsets on today.
This podcast is hosted by Areeb Siddiqui, the founder and CEO of Kestrl, the app that helps people to grow their wealth without compromise
Find out more about our app here: https://kestrl.io/
And how we help banks here: https://business.kestrl.io/
Show Notes:
00:00 - Opening
02:15 - Entering venture capital
03:54 - Dubai vs Riyadh for muslim entrepreneurs
05:29 - From medicine to bitcoin trading
07:10 - Can money still be made in cryptocurrencies?
08:22- Turning 2k into 12k through arbitrage trading
09:47- Definition: What exactly is cryptocurrency?
12:01- Similarities between Qu’ran memorisation and the blockchain
13:52- Why the early passion for bitcoin?
16:03- Launching the UK’s first bitcoin mining company
17:20- Having God level accountability
17:52- Early money/success impact to ego?
19:06- Definition: What is crypto mining?
21:32- Is crypto a scam?
23:38- How to buy and sell crypto ?
25:10- Keeping your crypto investment safe
26:18 - Using stable coins to send money
27:36 - Decentralised financial services: Islamic insurance and regulations
29:38 - Revolutionising Islamic Finance?
30:39 - Mainstream vs Meme coins
32:45 - Bitcoin = Gold? Ethereum = Oil?
34:29 - Can it really be a currency?
35:30 - Will bitcoin hit $1m USD?
37:00 - Is bitcoin shariah compliant?
38:51 - Breaking for Maghreb prayers
39:28 - Backing muslim founders with Niyyah Capital
41:55 - How to increase your Rizq?
44:29 - What keeps Muslims poor?
46:28 - Wahi: Memorising Hadiths through an app
48:37 - Favorite stories about wealth in the Qu’ran
United States
