Is Golem (GLM) Halal or Haram?

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

Trading verdict: Comfortable

Golem acts as a network to share computing power across the users.

Staking verdict: Non-Comfortable

There is no Proof-of-Stake consensus protocol. Blockchain represents a specific service in which there is no place for earning yield.

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