Is Aave (AAVE) halal or haram?

Q: Is Aave (AAVE) halal or haram?

Raises serious concerns. Its core business is paying and charging interest on loans — the definition of riba — which most scholars regard as impermissible.

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Aave AAVE

DeFi lending protocol

StatusRaises serious concerns

Live price…

What it is

A decentralized protocol for lending and borrowing crypto for interest.

Why this assessment

Its core business is paying and charging interest on loans — the definition of riba — which most scholars regard as impermissible.

Key considerations

Riba (interest)

This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.