⁠Halal Crypto Expert : How To Invest in Bitcoin in 2025 | Ep 42 - Ibrahim Alkurd

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