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Coins and tokens

Is Ethereum halal?

Answered by the ShariaQuant team

Ethereum passes as a network and as an asset. Gas fees pay for computation, staking pays for validation work, and neither is a loan with an increase. What runs on top of Ethereum is a separate question, because the network being clean does not clean the lending protocols deployed on it.

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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.

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