We found 11 online brokers that are appropriate for Trading Halal Bitcoin Investment Platforms.

Bitcoin is considered halal, generally but Islamic scholars have different views.
The question of whether Bitcoin is Halal (permissible) is debated across the globe, with a quarter of the world's population following the Islamic religion. Muslims follow Sharia Law and anything haram (forbidden) is forbidden by the religion's rules.
I have spent a good amount of time reading fatwas and talking with Muslim friends and colleagues who invest in crypto, and the honest answer is that there is still no single ruling everyone agrees on. What has changed over the past couple of years is that the conversation has gotten more specific. Scholars are no longer just saying yes or no to Bitcoin as a whole. They look at each activity on its own, so buying Bitcoin and holding it might get one answer, while trading it on margin or earning interest through staking gets a completely different one, sometimes even from the same scholar.
This is not a small or fringe debate either. The Global Islamic Fintech Report from DinarStandard and Elipses puts the Islamic fintech market at around 198 billion US dollars for 2024 and 2025, with projections putting it near 341 billion dollars by 2029. More than 1.9 billion Muslims live in countries where Islamic finance principles shape everyday money decisions, so getting clarity on Bitcoin actually matters to a huge slice of the world's population, not just a small group of tech enthusiasts.
If we look at Indonesia, it seems that the religious leader's council of Indonesia is pretty clear about the use of crypto assets such as Bitcoin. According to them, Bitcoin and other cryptocurrencies are not halal. In fact, they are forbidden for a range of different reasons.
According to the Ulema Council (Council of Islamic Scholars), cryptocurrency is deemed as banned or haram in Islam. The reason for such a verdict is due to the elements of wagering and uncertainty in such currencies. But if there is a cryptocurrency that can show a clear cut benefit to the public and also abide by all the laws of Shariah, then there is a chance to consider it halal.
Indonesia is home to one of the largest populations of Muslims in the world. That's why the central bank and the finance ministry of the country consult the scholars on various issues.
What I find genuinely interesting about Indonesia's approach is that it has kept evolving instead of staying frozen at one blanket ruling. In 2022, the MUI actually ruled that NFTs can be halal as long as the content behind them does not involve anything haram, so no gambling linked art, no music from genres that are not permissible, and no explicit imagery. That tells you the council is willing to separate the technology from the specific use case, which is more nuanced than the average headline about crypto being banned in Indonesia suggests. On top of that, Indonesia's commodity regulator, Bappebti, still allows crypto assets to be traded as commodities under strict rules, even while the religious ruling on crypto as currency stays firm. Despite all this, Indonesia ranks third in the world for crypto adoption according to Chainalysis, which tells me plenty of Indonesian Muslims are making their own calls on this regardless of the official fatwa.

Right next door, Malaysia's Shariah Advisory Council reached a fairly different conclusion. Back in 2020, the council ruled that it is permissible in principle to invest and trade cryptocurrencies on registered exchanges, treating digital assets as mal, meaning recognized property, rather than dismissing them outright. Exchanges like Luno and Tokenize now operate under this framework, and Malaysians have been trading on them ever since.
I bring this up because it shows how much the ruling can depend on which country and which scholars you ask, even within the same region and even when the underlying concern, protecting people from excessive risk, is exactly the same. Malaysia's position is not a blank check either. The council still requires individual tokens to meet screening requirements around utility and transparency before they are considered acceptable, so not every coin gets a free pass just because trading crypto in general is allowed.
Once you read enough fatwas, you start noticing that almost every argument, on either side, keeps coming back to three concepts. Riba is interest or any gain that resembles interest without a genuine exchange of goods or risk. Gharar is excessive uncertainty, the kind where you genuinely cannot know what you are getting. Maysir is gambling, or profit that comes purely from chance rather than effort or productive activity.
In my conversations with people trying to work this out for themselves, the confusion usually comes from mixing these up. Simply buying Bitcoin at market price and holding it does not obviously involve riba, since no interest changes hands. Whether it involves too much gharar or maysir is where scholars genuinely disagree, because it depends on how you view Bitcoin's volatility and whether you think its price reflects real value or pure speculation. Where there is much broader agreement, across nearly every scholar I have come across, is that margin trading, futures, and yield products that pay out something resembling interest cross the line into riba or maysir and are treated as haram far more consistently than plain spot buying.
Outside Indonesia and Malaysia, the picture stays just as mixed. In Egypt, the Grand Mufti, Shawki Allam, has issued a fatwa against cryptocurrency, pointing to the lack of any central authority overseeing it and the potential for it to harm ordinary people financially. Turkey's state religious authority, the Diyanet, has taken a similar position, citing excessive uncertainty and the risk of crypto being used for illegal purposes. Back in 2019, the Syrian Islamic Council issued its own fatwa declaring Bitcoin and similar currencies haram, largely because they are not backed by gold or by any state and are not regulated by a central bank.
On the other side, scholars such as Mufti Faraz Adam and Mufti Abu Bakar have published detailed Shariah analyses concluding that Bitcoin can qualify as mal with recognized value, making spot ownership permissible under the right conditions. Zakir Naik has said something similar, that cryptocurrency can be halal if it strictly follows Shariah principles, while also warning about the speculation he sees across much of the market. Meanwhile in the Gulf, the UAE has not issued one single national fatwa, but its regulators, including Dubai's Virtual Asset Regulatory Authority and the Abu Dhabi Global Market, have built such a thorough licensing framework for crypto businesses that several Gulf based Islamic finance advisors now point to that regulatory clarity as part of their case for conditional permissibility.
This is a question I get asked almost as often as whether Bitcoin is halal in the first place, and it only applies once you have decided you are comfortable holding it. If your Bitcoin holdings stay above the nisab threshold, which is pegged to roughly 85 grams of gold and moves with the gold price, most scholars who consider Bitcoin permissible property also treat it as zakatable wealth, the same as cash or gold sitting in a bank account. Since the exact value of that threshold shifts constantly, I would always suggest checking a current zakat calculator or speaking with a knowledgeable advisor rather than relying on a number you read somewhere online, including this article.
After going through this topic more times than I can count, my honest advice is to stop looking for one universal yes or no answer, because it does not exist and probably will not exist anytime soon. What does exist is a fairly consistent framework. Buying Bitcoin outright and holding it is treated as permissible by a growing number of credible scholars and by regulators in countries like Malaysia. Margin trading, leverage, and anything that pays out interest like returns is treated as haram far more consistently across almost every scholarly camp. Everything in between depends on the specific coin, the specific platform, and sometimes the specific school of thought you follow.
If you are a practicing Muslim trying to make a genuine decision here, my honest suggestion is the same one I give friends who ask me directly. Learn the three core concepts of riba, gharar, and maysir so you can evaluate new coins and new platforms yourself, then take your specific situation to a scholar you trust rather than relying on a general fatwa written for a different country or a different point in the market. This space moves fast enough that what counted as solid advice two years ago can already be outdated today.

| Consideration | Explanation | Example With Numbers |
|---|---|---|
| Main Question | Many Muslim investors ask whether buying, holding, or using Bitcoin is halal under Sharia principles. The answer can depend on how Bitcoin is acquired, used, and traded. | A person may buy £500 of Bitcoin and hold it as a long term asset. Whether this is considered permissible may depend on the Islamic scholar or financial authority consulted. |
| General Use | Some Islamic scholars consider ordinary ownership and lawful use of Bitcoin permissible when it is treated as a digital asset or method of exchange and is not connected to prohibited activity. | A person could use £100 worth of Bitcoin to pay for lawful goods or services. The transaction would be evaluated in a similar way to another form of payment. |
| Investment Purpose | Buying Bitcoin as an investment may be viewed differently by scholars. Some focus on whether it has recognised value and ownership, while others are concerned about speculation, uncertainty, and extreme price movements. | If someone invests £1,000 and Bitcoin rises by 20%, the holding becomes worth £1,200. If it falls by 20%, it becomes worth £800. |
| Excessive Speculation | Trading based mainly on chance, extreme speculation, or behaviour that resembles gambling may be considered haram because of excessive uncertainty and risk. | A trader who places £2,000 into Bitcoin hoping for a rapid price jump within a few hours could lose £400 if the price falls by 20%. |
| Gambling | Using Bitcoin for gambling, betting, or games of chance is generally considered haram because the underlying activity is prohibited. | Using £50 of Bitcoin to place an online bet would not become permissible simply because the payment is made with cryptocurrency. |
| Interest Based Lending | Lending Bitcoin in return for guaranteed interest may conflict with the Islamic prohibition against riba. The structure of the arrangement is important. | Lending Bitcoin worth £5,000 in return for a guaranteed 10% payment would produce £500 in interest, which may be considered impermissible. |
| Leverage and Margin Trading | Leveraged Bitcoin trading can involve borrowing, interest charges, excessive risk, and uncertainty. These features may make the activity unsuitable under Sharia principles. | With 5 to 1 leverage, a trader with £1,000 controls a £5,000 position. A price decline of 20% could remove the trader's entire £1,000 capital before fees. |
| Ownership and Control | Clear ownership is an important consideration. Some investors prefer to hold Bitcoin directly in a personal wallet rather than only having exposure through a contract or derivative. | A buyer purchasing 0.01 Bitcoin should understand whether the Bitcoin is transferred into their ownership or whether the platform only provides price exposure. |
| Transaction Transparency | The price, quantity, fees, and ownership terms should be clear to reduce uncertainty and misunderstanding between the parties. | If a person buys £1,000 of Bitcoin and pays a 1.5% fee, the fee equals £15 and approximately £985 is invested. |
| Price Volatility | Bitcoin can experience significant price changes. Volatility alone may not determine whether an asset is halal, but it increases financial risk and may encourage speculative behaviour. | A Bitcoin holding worth £10,000 would decline to £7,000 after a 30% fall. A later rise of approximately 42.9% would be required to return to £10,000. |
| Lawful Source of Funds | Money used to purchase Bitcoin should come from lawful income. Bitcoin should also not be used to hide, transfer, or receive money connected to prohibited activities. | Investing £200 per month from lawful employment income would amount to £2,400 of contributions over one year, before any gains, losses, or fees. |
| Global Importance | Questions about Bitcoin and Islamic finance affect a large international community, so clear explanations from qualified scholars and Islamic finance specialists are important. | If a community of 1.9 billion people represented roughly one quarter of the global population, even a small percentage considering cryptocurrency would involve millions of potential users. |
| Scholarly Differences | There is no single universally accepted view. Some scholars permit Bitcoin under certain conditions, while others consider it too speculative or uncertain. | If three qualified scholars review the same Bitcoin investment, one may consider it permissible, one may reject it, and one may permit it only when leverage, interest, and gambling are excluded. |
| Practical Approach | A Muslim investor may wish to examine the purpose of the transaction, the level of speculation, the presence of interest, the ownership structure, and the use of the asset before investing. | Someone with £20,000 in savings might limit a Bitcoin position to 2%, or £400, while seeking guidance from a qualified Islamic finance adviser. |
| Overall View | Bitcoin may be considered halal by some scholars when it is purchased with lawful money, genuinely owned, used for a lawful purpose, and not connected to interest, gambling, fraud, or excessive speculation. | Buying £500 of Bitcoin without leverage and holding it in direct ownership is different from borrowing £4,500 to create a leveraged £5,000 speculative position. |

There are some criterion to which Muslim investors need to adhere to in order to invest their money in a halal manner. Income earned through exploitative or unethical means like extortion and bribery is considered haram. Hence, using Bitcoin as a standard payment method has been argued as violating Sharia Law.
Clear official guidelines are absent on whether an investment in Bitcoin is completely halal and hence it is the work of religious legislators and Islamic scholars to interpret the matter.
Former Shariah Advisor, Mufti Muhammad Abu-Bakar, published a comprehensive set of guidelines on Blossom Finance in December 2019, arguing that all currencies are speculative to a certain degree. Based on demand and supply, as is gold, fiat currencies and most financial instruments are thus halal, and Bitcoin investment should also be considered as permissible.
However, a segment of the Islamic investor community argues that the digital currency is also sometimes used for illegal purposes. Mufti believes such factors can also be rendered through other instruments.
He believes that the use of a lawful method of trade for unlawful purposes cannot be considered lawful. For instance, the sale of grapes is lawful while the sale of grapes to a wine merchant is unlawful.
Mufti Faraz Adam, a UK-based Islamic finance and fintech consultant, said that Bitcoin is fair, transparent, and atomised, and hence it should be permitted under Sharia Law. Furthermore, Bitcoin is not monopolised.

It is argued that Bitcoin investment is halal, but some argue several uses of it are haram. One of the forbidden uses of digital currency is the use in gambling, as Sharia Law considers gambling as haram. Some even point out that trading Bitcoin in order to guess its price rise should be forbidden as this is a form of gambling.
Recent uses of Bitcoin, such as decentralised finance (DeFi) and margin lending, are considered as haram, because under Sharia Law the earning or paying of interest is considered as unjust or riba. Investors are not allowed to charge interest on loans.
One Arabic paper writes that Bitcoin is haram as it is not backed by any central authority and it is not permissible as a currency. It also argues that gold-backed cryptocurrency can be considered as halal because its value is inherited from the properties of gold.
Coinfluencers founder, Jamao Aezaz, argues that simply holding the coin to store its value or as a means of payment is halal as this is also done using other traditional currencies. Beyond these two purposes, Bitcoin should be considered as haram.
As cryptocurrencies continue to evolve and we get new updates, the discussion regarding these currencies will also continue to evolve. Right now, there are many famous scholars who believe that Bitcoin and other cryptocurrencies are halal. But there are also many respectable scholars who have adopted a wait-and-see policy. Then there are many scholars who have deemed Bitcoin as haram due to the excessive risk, speculative nature, and the fact that it can be used for illegal purposes.
The debate seems to be unending. Different segments of Muslim society have different views. Some argue Bitcoin investing is halal, while some others believe it to be haram. Some even consider a couple of ways of Bitcoin investing to be halal and the rest as haram. Hence, it is believed that the issue has no one straightforward answer.
In this article, titled 'Is Bitcoin Halal', we have attempted to understand the issues posed by examines several examples as well as quotations from Muslim scholars. However, we are not able to conclusively decide whether Bitcoin investment is halal or haram.
Muslim investors are advised to refer Sharia Law and follow the guidelines of scholars in order to understand better whether they should invest in Bitcoin or not. They should also research which areas of Bitcoin are halal and which are not.
We have conducted extensive research and analysis on over multiple data points on Is Bitcoin Halal to present you with a comprehensive guide that can help you find the most suitable Is Bitcoin Halal. Below we shortlist what we think are the best Halal Bitcoin Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Is Bitcoin Halal.
Selecting a reliable and reputable online Halal Bitcoin Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Halal Bitcoin Investment Platforms more confidently.
Selecting the right online Halal Bitcoin Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Halal Bitcoin Investment Platforms trading, it's essential to compare the different options available to you. Our Halal Bitcoin Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Halal Bitcoin Investment Platforms broker that best suits your needs and preferences for Halal Bitcoin Investment Platforms. Our Halal Bitcoin Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Halal Bitcoin Investment Platforms.
Compare Halal Bitcoin Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Halal Bitcoin Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Halal Bitcoin Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Halal Bitcoin Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Halal Bitcoin Investment Platforms that accept Halal Bitcoin Investment Platforms clients.
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IC Markets
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eToro
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XTB
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Pepperstone
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AvaTrade
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SpreadEx
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EasyMarkets
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FXPro
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Admiral
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webull
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tradezero
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| Regulation | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France | FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 | Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (Licence No. 595450), Cyprus Securities and Exchange Commission (CySEC) (Licence No. 201/13), Financial Services Authority of Seychelles (FSA) (Licence No. SD073), Estonian Financial Supervision Authority (EFSA) (Licence No. 4.1-1/46) | SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), NYSE (New York Stock Exchange), NFA (National Futures Association), CFTC (Commodity Futures Trading Commission), CBOE EDGX (Cboe EDGX Exchange, Inc.) | SCB (Securities Commission of the Bahamas) (SIA-F151) |
| Min Deposit | 200 | 50 | No minimum deposit | No minimum deposit | 100 | No minimum deposit | 25 | 100 | 100 | No minimum deposit | 500 |
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| Used By | 200,000+ | 40,000,000+ | 2,000,000+ | 830,000+ | 400,000+ | 60,000+ | 250,000+ | 11,200,000+ | 30,000+ | 25,900,000+ | 250,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | Webull Desktop, WebTrade, Webull Mobile, Mobile Apps, Android (Google Play), iOS (App Store) | ZeroPro, Desktop, Web, ZeroWeb, ZeroFree, ZeroMobile, Android (Google Play), iOS (App Store) |
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| Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
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easyMarkets Demo |
FxPro Demo |
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We have listed top Halal Bitcoin Investment Platforms below.
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