All answers
Coins and tokens
Are governance tokens halal?
Answered by the ShariaQuant team
A governance token gives you a vote over a protocol, so the ruling follows the protocol you would be governing. Voting rights over a decentralised exchange that settles spot trades is a very different thing from voting rights over a lending market that sets interest rates.
Why the label decides littleThis is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.