Investment in DEFI Crypto

Assalam au alaikum

As I know DEFI crypto projects involve Interest but some DEFI projects start the interest based operations after a while like 1 year or so as mentioned in their project whitepaper.
Can we invest in these projects and sell before they start their interest based operations?
Will this be halal ?

Also what about those DEFI projects who directly don’t earn from interest based operations but facilitate interest based companies.

Will be waiting a brief reply

JAZAKALLAH

Wa alaykum salaam,

It all depends on the specifics of the crypto and project.

At Amanah Advisors we have a special token screening service where we would review the entire DeFi project and issue a report:

https://www.amanahadvisors.com/token-screening/

JAZAKALLAH

What about my first part of the question?
If a DEFI crypto project is doing token generation event and in their project after a year they will start interest based operations. Not all project will be interest based but a small part of it and after a year. Can we take part in the token generation event and sell the tokens before they start the interest based operations?

Wa alaykum salaam,

You should abstain from such investments.