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Is decentralized finance halal?

Answers (1)

Arsalan Afzal
Feb 15, 2022 12:41:07

Yes, decentralized finance is halal. Decentralized finance is a system that allows for the issuance and trading of financial instruments without the need for a central authority. This makes it more efficient and secure than traditional systems, and it also has the potential to help alleviate poverty by giving more people access to capital. Decentralized finance is still in its early stages, but it has already shown great promise. I believe that it will play a major role in the future of financial markets, and I am confident that it will be embraced by Muslims and non-Muslims alike. Thanks for asking!

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