Also asked as: “Is staking halal?” · “Is earning crypto rewards halal?”
Two kinds of "staking"
- Network staking: locking coins to help validate a blockchain — debated, allowed by some.
- Exchange "earn" products: often lending your coins for interest — haram for most scholars.
See is crypto halal?
Staking: two kinds
In proof-of-stake networks, holders lock coins to help validate transactions and receive new coins as rewards. Exchanges also offer earn products that pay interest for lending your coins.
Scholars distinguish a network reward for work from a fixed return for lending. Check how the reward is generated and which coin is involved.
Written and checked by
Hafiz Nasir Mehmood
Quran HafizIslamic researcher
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