Is Curve Finance (CRV) Halal or Haram?

Screening Criteria

• Real technology ✅
• No direct gambling ✅
• Primarily trades interest-bearing stablecoins ❌
• Liquidity provision yields resemble interest ❌
• Exposure to riba-based underlying assets ❌

Scholar’s Note

Curve Finance primarily facilitates swaps between stablecoins, including interest-bearing variants like aDAI and cUSDC. The protocol's core function involves riba-linked assets. Islamic scholars generally classify CRV as haram due to its deep integration with interest-bearing DeFi.

Our Screening Methodology

We screen every cryptocurrency against 5 criteria derived from AAOIFI Shariah Standards and scholarly consensus:

• ✓ No Riba — No interest-bearing mechanisms or yield that resembles usury
• ✓ No Gharar — No excessive uncertainty or deception in the token’s structure
• ✓ No Maysir — No gambling mechanics or purely speculative mechanisms
• ✓ Genuine Utility — The asset serves a real economic or technological purpose
• ✓ Halal Business — The underlying project does not facilitate haram activities