Is Kusama (KSM) Halal or Haram?
Shariah compliance review of Kusama (KSM) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.
Trading verdict: Comfortable
Kusama is a public blockchain network that is running the exact same codebase as Polkadot. Considering the analisys
Staking verdict: Questionable
Currently we advice to avoid participating in delegated Proof-of-Stake consensus protocol in Polkadot and Kusama until we consult with high rank scholars about this issue. The analisys of Zokir Ibragimov - MBA, AAOIFI Certified Shari'ah Advisor and Auditor, Entreprenuer: After a deeper examination of the Polkadot ecosystem architecture, I must classify DOT staking as questionable at this point, as the structure is currently set up in such a way that independent parachain staking is voluntary, and in fact, the staking of parachains relies on the validators of the main network (Relay Chain).
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