AAVE · Crypto
Is Aave (AAVE) halal?
Holding AAVE token may be permissible as ownership in a protocol; *using* Aave to earn yield or borrow is riba and not permissible.
Decentralised lending protocol; deposit assets to earn interest, borrow against collateral.
Aave — what each scholar says
- Not halalMufti Faraz Adam (Amanah Advisors)
Core protocol mechanic is interest-based lending. Token represents governance over an impermissible activity.
- Not halalStrict / zero-tolerance
Direct riba protocol.
Other cryptoassets
HalalGauge surfaces published scholarly views with sourcing; it does not issue fatwa. Crypto rulings are evolving and contested — verify with a scholar you trust before acting.