Assalamualaikum,
I have only one question regarding fixed and non-fixed profits.
If I want to invest my coins or tokens in the platform available in Binance for example ADA. Then it will be locked for 15 days with a profit rate of 2.5% per day.
Is it shariah compliant?
Thanks.
I am in no position to give Iftaa. But my personal opinion understanding is that Binance leverages its platform for ease of use. And allow staking of already stackable coins like ADA and they take intrested on top of it. Why dont you just stake it the normal and original way of the coin’s PoS? It is easier and more guaranteed?
PoS has already been talked about in other threads as halal