I buy crypto tokens for investment purpose. Some tokens offer rewards on allocating (staking) your tokens. The staked tokens get used for voting, and the company rewards you with more tokens. Is receiving tokens on the staked tokens considered Riba?
I buy crypto tokens for investment purpose. Some tokens offer rewards on allocating (staking) your tokens. The staked tokens get used for voting, and the company rewards you with more tokens. Is receiving tokens on the staked tokens considered Riba?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 6 years ago
If you mean that the company rewards you with more tokens if you do more business with them or vote for them or bring more customers, then this reward is allowed
for you. This is when the activities of the company is investing in lawful business only.
Wassalam.