HalalGauge
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
  • Mufti Faraz Adam (Amanah Advisors)

    Core protocol mechanic is interest-based lending. Token represents governance over an impermissible activity.

    Not halal
  • Strict / zero-tolerance

    Direct riba protocol.

    Not halal
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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.