Morpho

This token is currently classified as Haram due to its close connection to interest-based lending and borrowing activities.

MORPHO is currently treated as haram because it is fundamentally associated with a DeFi lending and borrowing ecosystem built around interest-based structures. The protocol’s core model raises direct Shariah concerns relating to riba, and these are not peripheral issues. Since the token’s value and function are linked to that impermissible framework, it is not treated as halal.