Mohammed Shaan89
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Why #ADA Is Considered #Halal:
Factor Reasons:
Not Interest-Based (No Riba): Cardano does not involve interest or debt-based systems.
Proof of Stake: Staking is considered halal by many scholars, as it's a reward for helping secure the network, not riba.
Utility Coin: ADA is used for real functions: transactions, smart contracts, voting — not gambling or haram services.
Transparent Project: The #Cardano team is clear about their mission and use cases, focusing on financial access and education — especially in Africa and developing nations.
#ADA #ADABullish
Factor Reasons:
Not Interest-Based (No Riba): Cardano does not involve interest or debt-based systems.
Proof of Stake: Staking is considered halal by many scholars, as it's a reward for helping secure the network, not riba.
Utility Coin: ADA is used for real functions: transactions, smart contracts, voting — not gambling or haram services.
Transparent Project: The #Cardano team is clear about their mission and use cases, focusing on financial access and education — especially in Africa and developing nations.
#ADA #ADABullish
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