Is Namada (NAM) Halal or Haram?

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

Trading verdict: Comfortable

Namada is Comfortable for trading.

Staking verdict: Comfortable

Namada(opens in a new tab) is a data-protection blockchain using zero-knowledge proof technology. Namada's cryptographical features give users asset-agnostic, multichain data protection, and is being built by the Anoma foundation.<br><br>Key innovations: <br><br>Zcash-like shielded transfers for any assets (fungible and non-fungible)<br><br>Rewards for keeping assets in the shielded set

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