Is Injective (INJ) Halal or Haram?
Shariah compliance review of Injective (INJ) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.
Trading verdict: Non-Comfortable
Injective is an open, interoperable layer-one blockchain powering next-generation finance applications, including DeFi, RWAs, AI, decentralized exchanges, prediction markets, lending protocols, and more. INJ token is Non Shariah-Compliant according to MRHB DeFi analisys on "Sahal Wallet" app.
Staking verdict: Non-Comfortable
Injective is a blockchain built for finance. It is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols and more. Some protocols are impermissible, hence it is not comfortable to provide validator service for this blockchain.
Browse all Shariah-compliant cryptocurrencies on the EthicalNode halal crypto screener.