Is Polygon (MATIC) halal or haram?

Q: Is Polygon (MATIC) halal or haram?

Scholars differ (doubtful). Genuine scaling utility; staking rewards and speculation are the open concerns.

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Polygon MATIC

Layer-2 scaling

StatusScholars differ (doubtful)

Live price…

What it is

A scaling network for Ethereum.

Why this assessment

Genuine scaling utility; staking rewards and speculation are the open concerns.

Key considerations

Real utilityStaking yield (riba concern)

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.