Is Celsius (CEL) Halal or Haram?
Shariah compliance review of Celsius (CEL) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.
Trading verdict: Non-Comfortable
Celsius Network is a P2P lending platform allowing users to borrow and lend cryptocurrencies.
Staking verdict: Non-Comfortable
Considering the status of this coin in relation to Shariah standards for buying and selling, it is advisable to avoid any instrument that involves CEL. Besides that, the consensus protocol is not there, even though the legitimacy of consensus protocol is irrelevant in this case.
Browse all Shariah-compliant cryptocurrencies on the EthicalNode halal crypto screener.