Can someone please give me an explanation why is woo network haram?
Thanvir Answered question March 4, 2024
It was deemed haram by one of the sources we use, possibly because the token is used as collateral for lending activities? We havent done a complete review of it yet, but it seems no different to other comparable services where some aspects are haram. The same may apply here but requires a full review…. I’d suggest reading up on similar projects so you get a better idea, perhaps start at https://cryptoummah.com/category/shariah-screening/exchanges/
Thanvir Edited answer March 4, 2024
