Learn: halal crypto guides, UAE crypto law and USD accounts

Fasset Learn is a set of sourced guides to halal crypto, UAE crypto law and USD accounts, built around three things people ask before they move money: whether crypto is halal, whether it is legal in the UAE, and how a USD account works; every guide names its sources, shows its publication and review dates, and is for information only.

Three guides. Last updated .

For information only. Not investment, legal, tax or religious advice.

What Fasset Learn covers, and who it is for

Fasset Learn is the part of this site that explains before it offers anything. It covers three subjects that come up before someone moves money through a money app: what Islamic scholars have ruled about crypto and why their rulings differ, how the United Arab Emirates regulates the firms that deal in virtual assets, and how an account that receives US dollars works when the provider is not a bank.

The guides are written for people making a first decision, not for traders. One reader is a freelancer whose client in the United States has asked for a routing number. Another lives in the UAE and wants to know whether buying USDT is lawful and how to check a firm's licence. A third has heard that crypto is permitted and also that it is prohibited, and wants to read the rulings. No guide assumes the vocabulary: terms such as riba, gharar, ACH and IBAN are explained where they first appear.

Every guide follows the same rules. Each figure and each ruling carries its source and the date it was read. Where scholars or regulators disagree, the guide sets the positions side by side and does not choose between them. Where Fasset is the subject, the guide separates what a public register confirms from what the company states about itself, and it says what has not been published. A label on a list is treated as a claim until the reviewer and the method are named.

The guides are for information only. They are not investment, legal, tax or religious advice, they do not forecast prices and they do not tell you what to buy. A religious question belongs with a scholar you trust, and a legal or tax question with a qualified adviser in your country. What a guide can do is put the published rulings, rules and costs in front of you, so that the conversation starts from the documents.

Start with the three core guides below, in any order. Each takes between 15 and 18 minutes to read and opens with a short answer and a list of key points. The topic sections after them say what each subject covers and which guides are planned next. The last sections lead to the product pages, the fee schedule and the licences, where you can check a guide against what Fasset offers.

Start here

Three guides answer the questions people ask first. Each one stands alone, names its sources and links to the other two.

  • Is crypto halal? What scholars say and how to screen a coin

    There is no single ruling. The guide sets out the published rulings that permit crypto and those that prohibit it, the five tests scholars apply, and a way to screen a coin yourself.

  • Is crypto legal in the UAE? Who regulates what

    Yes, when you deal with a licensed firm. The guide names the regulators a retail customer meets, the activities that need a VARA licence, and the steps to check a firm on a public register.

  • How does a USD account work? IBAN, ACH and SWIFT

    Account details show where to send money, not who holds it. The guide explains routing numbers, IBANs and SWIFT codes, compares ACH with wires, and lists the four fees to check.

Halal finance

One guide published, three planned

This topic covers how Islamic law is applied to digital assets: the tests scholars use (property, riba, gharar, maysir and lawful purpose), why published rulings reach opposite conclusions, and how zakat is worked out on crypto holdings. It opens with the guide to whether crypto is halal or haram.

Fasset states that all its accounts, services and investments are delivered without interest. No page of fasset.com names who reviews its products or by which method, and the About page records what is published and what is missing under Shariah governance and legal entities.

Planned next, not yet published: Is Bitcoin halal?, Is USDT halal?, Zakat on crypto.

Crypto rules in the UAE

One guide published

This topic covers who regulates virtual assets in the UAE and what a licence does and does not tell you: the regulators a retail customer meets in Dubai, in the two financial free zones and at federal level, the activities that need a licence, and the limits of what a licence protects. The guide to crypto law in the UAE and how to check a licence explains the split.

To see a register entry in use, read Fasset licences: Fasset FZE is licensed by the Virtual Assets Regulatory Authority (VARA) for Broker-Dealer Services, licence VL/23/07/002. The page on how to buy USDT in the UAE with AED sets out the steps, the fees that are published and the scope of that Dubai licence.

Getting paid across borders

One guide published

This topic covers how a payment in US dollars reaches someone outside the United States: what account details are, how an ACH transfer differs from a SWIFT wire, which fees apply along the way and who holds the balance once it arrives. It opens with the guide to USD account details, ACH and SWIFT.

The USD account for freelancers page then shows one provider's terms: the Fasset USD account is offered through Fasset Labuan Limited with a third-party provider and is not a bank account. Fasset fees lists each published charge with its source and the date it was read.

Who writes and reviews these guides

The guides are written by the Fasset Research Team and reviewed by the Head of Compliance. On this site both lines are placeholders: each guide needs a named author and a named reviewer, with qualifications a reader can check, before it is published.

Guides on religious questions summarise published rulings and say who issued each one. They are not fatwas, and a qualified Shariah reviewer must sign them off as well.

Each guide shows when it was published, when it was last updated and which sources it used. The full method, including how AI-assisted drafts are checked and how to report an error, is set out in how Fasset guides are written and reviewed.

For information only. Not investment, legal, tax or religious advice.

Sourcing rule

Every number carries its source and the date it was read.

A company claim is labelled as one. Where published figures contradict each other, none is printed until the conflict is resolved.

Recently updated

A question the guides do not answer?

The FAQ gives short answers about Fasset itself, and support can help with your own account. When you write, leave out your password, your 2FA code and your recovery codes.

Guides published
3
Last updated
Written by
Fasset Research Team
Reviewed by
Head of Compliance