Earning and yield

Is crypto cashback from a card halal?

Answered by the ShariaQuant team

Cashback on a debit style card that spends your own balance is a discount on your purchase, and discounts are fine. Cashback on a credit card is the harder case, because a benefit attached to a loan is exactly the shape riba takes, and many scholars avoid it for that reason.

Riba in plain language

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

Is staking halal?Is liquid staking halal?Is lending my crypto for a yield halal?Is borrowing crypto at interest halal?

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