Is Ondo Finance (ONDO) Halal or Haram?

Shariah compliance review of Ondo Finance (ONDO) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.

Trading verdict: Non-Comfortable

Ondo Finance's products are significantly tied to investment instruments that do not adhere to Shariah principles. Source: sharlife.my

Staking verdict: Non-Comfortable

Given our conclusion under Shariah standards regarding the permissibility of buying and selling the Ondo, any other instrument that involves Ondo is better to avoid.

Browse all Shariah-compliant cryptocurrencies on the EthicalNode halal crypto screener.