Is Centrifuge (CFG) Halal or Haram?

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

Trading verdict: Non-Comfortable

The project involves lending and borrowing activities.

Staking verdict: Non-Comfortable

Given our conclusion under Shariah standards regarding the permissibility of buying and selling Centrifuge, any other instrument that involves CFG is to be avoided.

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