A Muslims Guide to Crypto Investing

There are countless investment and trading options nowadays, it is so confusing to figure out which option is permissible in Islam and 
which are not. Please Remember it is not a FATWA it's just a research baked work.  

Muslims Guide to Crypto Investing


Types of Investments in Crypto:


Flexible Savings 

Dual Investment  

Yield Farming 

   • Staking 

   • Liquidity Pools

   • Lending and Borrowing 

STAKING

(PROOF OF STAKE)

GENERALLY considered 'Halal' as for providing security to the network you are earning yield
 
ASSUMING THE NETWORK ITSELF IS NOT DEDICATED TO HARAM ACTIVITIES. 

LIQUIDITY POOLS 

A smart contract that blocks tokens to ensure liquidity on a decentralised  exchange platform.  
Liquidity Pools  could be Halal so long as the Pool itself is not being used for Haram operations.

FLEXIBLE SAVINGS 

Deposits  your crypto to earn interest with with the flexibility to redeem your funds at any time.

CONSIDERED TO BE HARAM, AS IT INVOLVES INTEREST. 

DUAL INVESTMENT

Allows you to BUY or SELL cryptocurrency at your desired price and date in the future while earning a high-Interest Yield.  

CONSIDERED TO BE HARAM AS IT INVOLVES INTEREST. 

LENDING AND BORROWING

Lenders provide funds to borrowers in exchange for a regular interest rate.  

CONSIDERED TO BE HARAM AS IT INVOLVES INTEREST. 

SUMMARY 

Crypto Halal or Haram


HALAL

• STAKING * 

• LIQUIDITY POOLS * 

HARAM

• FLEXIBLE SAVINGS 

• DUAL INVESTMENT 

• LENDING AND BORROWING 

*ASSUMING THE NETWORK/POOL ITSELF IS NOT DEDICATED TO HARAM ACTIVITIES 

Thanks for inspiredanalyst for sharing such  an informative information.