Crypto Trading

Crypto Staking: Halal or Haram?

Crypto Staking: Halal or Haram?

Crypto Staking: Halal or Haram?

Day Trading: Halal or Haram?Crypto Staking: Halal or Haram?

Crypto Staking involves locking up your cryptocurrency for a period of time in return for a reward that is typically paid to you in the cryptocurrency itself.

What is Crypto Staking and is it halal or haram to earn money from Crypto Staking?
Does crypto staking involve riba?
Does crypto staking involve gambling?
Isn’t crypto staking allowing the rich to get richer?
Is Crypto Staking Halal or Haram?
In this video, I attempt to answer these questions.

Leave a like and let me know your thoughts in the comments!

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Does staking involve riba?
From what I described staking involves committing money and hoping to get your money back with a return. While this may sound like riba to many, it is not sufficient. After all, committing money and hoping to get your money back with a return is at the core of every financial investment you can think of. Riba is present in a loan of money wherein the lender has the expectation of benefitting from their loan. In Islam, the only permissible loan of money is that which is done as charity.

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Other videos:
✔️Day Trading: Halal or Haram?: https://youtu.be/-oM3HG6893A
✔️A Bitcoin Guide for Muslim Investors!: https://youtu.be/K1Iam2pkzq4
✔️Halal Crypto Investing – My 2022 Strategy: https://youtu.be/oXszyFlQ8D0
✔️How To Trade The News: Do This!: https://youtu.be/7FBhiuxvvjE
✔️Crypto Staking: Halal or Haram?: https://youtu.be/NZh3fiyDotQ
✔️How to find Halal Cryptocurrencies?: https://youtu.be/UEfGPjUrXmc
✔️This Halal stock could 5X!: https://youtu.be/dALolTC1yeo
✔️Shiba Inu: Halal? Am I Buying?: https://youtu.be/Qzb0ExX2D6o
✔️Are Cryptocurrencies Haram?: https://youtu.be/kMs3OCTyijo
✔️5 ways to make Halal money online!: https://youtu.be/CtmN_kJFqhU
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Let me know what you think in the comments!

Disclaimer: Anything you hear in this video is an opinion. It is not to be considered personalized financial advice. Make sure you do your own due diligence before making any investment decisions.

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11 Comments

  1. Staking with cardano doesn’t include lockup periods or slashing, far more superior than other protocols. ❤️❤️

  2. Staking with cardano doesn’t include lockup periods or slashing, far more superior than other protocols :❤️

  3. تبارك الله عليك، ما شاء الله!
    بعد مشاهدتي لهذا المقطع تبين لي أنه لا يمكن إطلاق الأحكام الشرعية إلا بعد التمكن من المجال المعني بشكل عمييييق، للأسف هذا ما يحدث في منطقتنا العربية، الشيوخ سرعان ما يطلقون أحكام الحرام بدون فهم للمجال.

  4. how about deposito in islam, what about interest in deposito ? Isn't interest in islam haram? like a staking any interest…

  5. I looked up for locked staking in binance and there was written annualized interest rate with some percentage.

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