Assalamualaykum, community!
As you know, crypto offers exciting opportunities, but how does staking fit within Islamic principles? Let’s find out. ⬇️
🔹 What Is Staking?
Staking involves locking your cryptocurrency to support a blockchain network and earn rewards. These rewards are typically a share of fees, not fixed interest.
🔹 Why Staking Can Be Halal?
It supports ethical projects that benefit the community, offering profit-sharing rewards instead of interest (riba).
"Allah has permitted trade and forbidden interest." (Surah Al-Baqarah, 2:275)