All answers
Earning and yield

Is cloud mining halal?

Answered by the ShariaQuant team

Most cloud mining contracts fail, and the reason is gharar rather than riba. You are paying today for an undefined amount of future output from equipment you cannot inspect, operated by a company with no obligation to show you it exists. When the thing being sold cannot be identified, the sale is not valid.

Gharar explained

This 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.

More on earning and yield

Still not clear?

Ask it in the community and the team will answer.

Ask a question