I only ask because Islamic Finance Guru and yourselves deem it halal but PIF consider it questionable due to it\’s association with the Spartan group which I don\’t know much about
I\’ve always used this site and IFG as a reference point but feel a little conflicted especially that it\’s a coin I\’ve bought
The link you sent PIF says it’s comfortable.
Interesting, yesterday it was questionable. No worries iA
Can you share a link, please? Maybe things have changed recently. On our review, PIF as well as many other sources confirmed DOT is halal, and you can read more about that in the post.
I used bing to get an answer about Spartan Groups involvement – from my little understanding I can’t see anything wrong with that?
Let’s delve into the Spartan Group’s involvement with Polkadot. As a crypto-native digital asset advisor and venture studio, the Spartan Group actively engages with various projects in the Web3 ecosystem. Here are some key aspects of their participation:
Manta Network: A DeFi privacy stack built on Polkadot, Manta Network recently raised $28.8 million during its ‘Squad Game’ token generation event hosted by Tokensoft1. Their focus lies in enhancing privacy features within the Polkadot network.
Polkadot
Polkadot Parachain: While not explicitly mentioned in the provided information, the Spartan Group’s involvement in Polkadot likely extends to supporting projects building on Polkadot’s parachain infrastructure. Parachains are specialized blockchains that connect to the Polkadot Relay Chain, enabling interoperability and scalability across the network.
Cosmos
Cosmos vs. Polkadot: Although Cosmos and Polkadot share similarities (such as relay chains and developer toolkits), they differ in design philosophy, technical architecture, and token use cases. Understanding these nuances is crucial for builders and investors alike2.
In summary, the Spartan Group actively contributes to the growth and development of the Polkadot ecosystem, fostering innovation and collaboration in the decentralized space
https://app.practicalislamicfinance.com/dashboard/crypto/polkadot-new/
Here’s the link
Yes, I’m also under the impression as according to your site and IFG it’s deemed permissable