Would new crypto such COTI/ ADA and many of PoS/ DeFi projects that will be offering staking, some worded as APR, some worded as a reward, some also worded with a fixed % or range of %.
Would participating be halal?
Would new crypto such COTI/ ADA and many of PoS/ DeFi projects that will be offering staking, some worded as APR, some worded as a reward, some also worded with a fixed % or range of %.
Would participating be halal?
Wa alaykum salaam,
Some DeFi products do have interest. So ensure there is no interest before being involved.
Allah knows best
Asalamu alaykum,
What do you mean by “interest”? They all use the same term, but what is the exact meaning? You mean If they do lending and borrowing by interest ?