Shariah Permissibility of Ethereum Staking
Web3 Investing based on Islamic Ethics
Mar 20
Islamic ethics place emphasis on financial transactions that are fair and equitable for all parties involved. The basic Islamic view on interest, also known as riba, is that it is considered to be a form of exploitation that is ultimately detrimental to society as a whole. Throughout history, interest-based transactions have contributed to an uneven distribution of wealth and generally led to economic disparity. The rewards earned through Ethereum “staking” are similar to interest earned in t...
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Web3 Investing based on Islamic Ethics

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Web3 Investing based on Islamic Ethics

Nearly 20 years of experience in Banking and Fintech, student of Islamic Jurisprudence

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Web3 Investing based on Islamic Ethics

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