๐น Part 5: Staking Halal or Haram? ๐ช๐
๐ โIs crypto staking like earning interest (riba)?โ
Caption:
Staking = earning rewards by helping secure a blockchain.
But is it halal? ๐ค
๐ก It depends:
โ Halal if:
You're validating the network (like in Proof of Stake)
No guaranteed interest โ rewards come from network fees
The project has real utility and transparency
๐ซ Haram if:
Fixed or guaranteed interest (like a loan)
Involves unclear or shady mechanisms
๐ Scholars are still discussing โ so stay cautious and research well!