HaramCoinsHaramCoins العربية
Islamic finance · digital assets

Is your crypto halal or haram?

An educational guide to the Islamic-finance view of cryptocurrencies, assessed against riba, gharar and maysir. Not a fatwa.

6
Permissible-leaning
89
Disputed
57
Concerns
152 / 152
The ledger

Cryptocurrencies

No.AssetCategoryPriceRuling
001 Bitcoin logo BitcoinBTC Currency / store of value Disputed 002 Ethereum logo EthereumETH Smart-contract platform Disputed 003 Tether logo TetherUSDT Stablecoin (USD-pegged) Disputed 004 USD Coin logo USD CoinUSDC Stablecoin (USD-pegged) Disputed 005 BNB logo BNBBNB Exchange / chain token Disputed 006 XRP logo XRPXRP Payments network token Disputed 007 Cardano logo CardanoADA Smart-contract platform Disputed 008 Solana logo SolanaSOL Smart-contract platform Disputed 009 Dogecoin logo DogecoinDOGE Meme coin Concerns 010 SHIB logo Shiba InuSHIB Meme coin Concerns 011 Aave logo AaveAAVE DeFi lending protocol Concerns 012 Compound logo CompoundCOMP DeFi lending protocol Concerns 013 Maker / DAI logo Maker / DAIMKR DeFi stablecoin system Concerns 014 Uniswap logo UniswapUNI Decentralized exchange Disputed 015 Chainlink logo ChainlinkLINK Oracle infrastructure Disputed 016 Litecoin logo LitecoinLTC Currency Disputed 017 Monero logo MoneroXMR Privacy coin Concerns 018 TRON logo TRONTRX Smart-contract platform Concerns 019 Polkadot logo PolkadotDOT Interoperability platform Disputed 020 RLB logo Rollbit CoinRLB Casino / gambling token Concerns 021 ISLM logo Islamic CoinISLM Shariah-focused coin Permissible-leaning 022 PAX Gold logo PAX GoldPAXG Gold-backed token Permissible-leaning 023 EURO (EUROFI) logo O (EUROFI) EUREUR Fixed-supply utility token Permissible-leaning 024 Arkana logo ArkanaARKA In-game utility token Permissible-leaning 025 Avalanche logo AvalancheAVAX Layer-1 blockchain Disputed 026 Polygon logo PolygonMATIC Layer-2 scaling Disputed 027 Cosmos logo CosmosATOM Layer-1 blockchain Disputed 028 NEAR logo Protocol NEARNEAR Layer-1 blockchain Disputed 029 Algorand logo AlgorandALGO Layer-1 blockchain Disputed 030 Tezos logo TezosXTZ Layer-1 blockchain Disputed 031 HBAR logo HederaHBAR Layer-1 blockchain Disputed 032 APT logo AptosAPT Layer-1 blockchain Disputed 033 SUI logo SuiSUI Layer-1 blockchain Disputed 034 Internet Computer logo Internet ComputerICP Layer-1 blockchain Disputed 035 Filecoin logo FilecoinFIL Infrastructure Disputed 036 VeChain logo VeChainVET Infrastructure Disputed 037 FTM logo FantomFTM Layer-1 blockchain Disputed 038 OP logo OptimismOP Layer-2 scaling Disputed 039 ARB logo ArbitrumARB Layer-2 scaling Disputed 040 Stellar logo StellarXLM Payments Disputed 041 CRO logo CronosCRO Exchange token Disputed 042 KAS logo KaspaKAS Payments Disputed 043 The Graph logo The GraphGRT Infrastructure Disputed 044 INJ logo InjectiveINJ Derivatives / perps Concerns 045 LDO logo Lido DAOLDO Liquid staking Concerns 046 Curve DAO logo Curve DAOCRV DeFi protocol Concerns 047 FXS logo FraxFRAX Stablecoin Concerns 048 CVX logo Convex FinanceCVX DeFi protocol Concerns 049 Yearn Finance logo Yearn FinanceYFI DeFi protocol Concerns 050 Synthetix logo SynthetixSNX Derivatives / perps Concerns 051 GMX logo GMXGMX Derivatives / perps Concerns 052 DYDX logo dYdXDYDX Derivatives / perps Concerns 053 PEPE logo PepePEPE Meme coin Concerns 054 BONK logo BonkBONK Meme coin Concerns 055 FLOKI logo FlokiFLOKI Meme coin Concerns 056 WIF logo dogwifhatWIF Meme coin Concerns 057 Zcash logo ZcashZEC Privacy coin Concerns 058 Dash logo DashDASH Privacy coin Disputed 059 The Sandbox logo The SandboxSAND GameFi / metaverse Disputed 060 Decentraland logo DecentralandMANA GameFi / metaverse Disputed 061 AXS logo Axie InfinityAXS GameFi / metaverse Concerns 062 ApeCoin logo ApeCoinAPE NFT ecosystem Disputed 063 IMX logo ImmutableIMX GameFi / metaverse Disputed 064 RNDR logo RenderRENDER Infrastructure Disputed 065 FET logo Artificial Superintelligence (Fetch)FET AI / compute Disputed 066 PENDLE logo PendlePENDLE DeFi protocol Concerns 067 RPL logo Rocket PoolRPL Liquid staking Concerns 068 USDD logo USDDUSDD Stablecoin Concerns 069 FDUSD logo First Digital USDFDUSD Stablecoin Disputed 070 XAUT logo Tether GoldXAUT Gold-backed token Permissible-leaning 071 OKB logo OKBOKB Exchange token Disputed 072 BGB logo Bitget TokenBGB Exchange token Disputed 073 TON logo GramGRAM Layer-1 blockchain Disputed 074 MNT logo MantleMNT Layer-2 scaling Disputed 075 TIA logo CelestiaTIA Infrastructure Disputed 076 SEI logo SeiSEI Layer-1 blockchain Disputed 077 Stacks logo StacksSTX Layer-2 scaling Disputed 078 ONDO logo OndoONDO DeFi protocol Disputed 079 WLD logo WorldcoinWLD Infrastructure Disputed 080 JUP logo JupiterJUP Decentralized exchange Disputed 081 CAKE logo PancakeSwapCAKE Decentralized exchange Concerns 082 RUNE logo THORChainRUNE Decentralized exchange Disputed 083 Quant logo QuantQNT Infrastructure Disputed 084 FLR logo FlareFLR Infrastructure Disputed 085 ENA logo EthenaENA Stablecoin Concerns 086 AERO logo AerodromeAERO Decentralized exchange Concerns 087 Raydium logo RaydiumRAY Decentralized exchange Concerns 088 GALA logo GalaGALA GameFi / metaverse Disputed 089 Chiliz logo ChilizCHZ GameFi / metaverse Disputed 090 CFX logo ConfluxCFX Layer-1 blockchain Disputed 091 KAVA logo KavaKAVA DeFi lending Concerns 092 1inch logo 1inch1INCH Decentralized exchange Disputed 093 Gnosis logo GnosisGNO Infrastructure Disputed 094 FLOW logo FlowFLOW NFT ecosystem Disputed 095 EOS logo EOSEOS Layer-1 blockchain Disputed 096 IOTA logo IOTAIOTA Infrastructure Disputed 097 Neo logo NeoNEO Layer-1 blockchain Disputed 098 KAIA logo KaiaKAIA Layer-1 blockchain Disputed 099 TWT logo Trust Wallet TokenTWT Exchange token Disputed 100 JASMY logo JasmyCoinJASMY Infrastructure Disputed 101 Ethereum Classic logo Ethereum ClassicETC Layer-1 blockchain Disputed 102 Bitcoin Cash logo Bitcoin CashBCH Payments Disputed 103 PUMP logo Pump.funPUMP Meme coin Concerns 104 Figure Heloc logo Figure HelocFIGR_HELOC Tokenized private credit Concerns 105 Hyperliquid logo HyperliquidHYPE Derivatives / perps Concerns 106 Rain logo RainRAIN Options / prediction markets Concerns 107 LEO Token logo Token LEOLEO Exchange token Disputed 108 WhiteBIT Coin logo WhiteBIT CoinWBT Exchange token Disputed 109 Dai logo DaiDAI DeFi stablecoin system Disputed 110 Canton logo CantonCC Layer 1 blockchain Disputed 111 USD1 logo USD1USD1 Stablecoin Disputed 112 Ethena USDe logo Ethena USDeUSDE Stablecoin Concerns 113 Global Dollar logo Global DollarUSDG Stablecoin Disputed 114 BlackRock USD Institutional Digital Liquidity Fund logo BlackRock USD Institutional Digital Liquidity FundBUIDL Tokenized fund Concerns 115 PayPal USD logo PayPal USDPYUSD Stablecoin Disputed 116 Circle USYC logo Circle USYCUSYC Tokenized fund Concerns 117 MemeCore logo emeCore MM Meme coin Concerns 118 Ripple USD logo Ripple USDRLUSD Stablecoin Disputed 119 Bittensor logo BittensorTAO AI and compute Disputed 120 Ondo US Dollar Yield logo Ondo US Dollar YieldUSDY Tokenized fund Concerns 121 Aster logo AsterASTER Derivatives / perps Concerns 122 World Liberty Financial logo World Liberty FinancialWLFI DeFi protocol Disputed 123 Morpho logo MorphoMORPHO Lending protocol Concerns 124 Sky logo SkySKY DeFi stablecoin system Concerns 125 HTX DAO logo DAO HTXHTX Exchange token Disputed 126 Falcon USD logo Falcon USDUSDF Stablecoin Disputed 127 BFUSD logo BFUSDBFUSD Stablecoin Concerns 128 United Stables logo nited Stables UU Stablecoin Disputed 129 USDGO logo USDGOUSDGO Stablecoin Disputed 130 Spiko Amundi Overnight Swap Fund (EUR) logo Spiko Amundi Overnight Swap Fund (EUR)EURSAFO Tokenized fund Concerns 131 Bitway logo BitwayBTW DeFi yield protocol Concerns 132 POL (ex-MATIC) logo (ex-MATIC) POLPOL Layer 2 scaling Disputed 133 Pi Network logo Pi NetworkPI Layer 1 blockchain Disputed 134 Blockchain Capital logo Blockchain CapitalBCAP Tokenized fund Disputed 135 KuCoin logo KuCoinKCS Exchange token Disputed 136 Spiko EU T-Bills Money Market Fund logo Spiko EU T-Bills Money Market FundEUTBL Tokenized fund Concerns 137 Janus Henderson Anemoy Treasury Fund logo Janus Henderson Anemoy Treasury FundJTRSY Tokenized fund Concerns 138 Lighter logo LighterLIT Derivatives / perps Concerns 139 Invesco Short Duration US Government Securities Fund logo Invesco Short Duration US Government Securities FundUSTB Tokenized fund Concerns 140 Gate logo GateGT Exchange token Disputed 141 NEXO logo NEXONEXO Lending platform Concerns 142 JUST logo JUSTJST DeFi lending Concerns 143 Venice Token logo Venice TokenVVV AI and compute Disputed 144 Janus Henderson Anemoy AAA CLO Fund logo Janus Henderson Anemoy AAA CLO FundJAAA Tokenized fund Concerns 145 GHO logo GHOGHO DeFi stablecoin system Disputed 146 YLDS logo YLDSYLDS Tokenized fund Concerns 147 Stable logo StableSTABLE Stablecoin Disputed 148 Official Trump logo Official TrumpTRUMP Meme coin Concerns 149 Beldex logo BeldexBDX Privacy coin Disputed 150 Pudgy Penguins logo Pudgy PenguinsPENGU NFT ecosystem Concerns 151 Plume logo PlumePLUME RWA Layer 1 blockchain Concerns 152 Kamirai logo KamiraiKAMIRAI Community token Permissible-leaning

How we assess each coin

HaramCoins exists to answer one question honestly: is a given cryptocurrency permissible under Islamic finance, or not? We do not issue fatwas, and we do not pretend the scholars all agree. Instead we examine every coin against the same four principles, and we show our reasoning so you can judge for yourself.

Each coin is then placed in one of three honest categories. Permissible-leaning means it avoids the major concerns. Scholars differ means respected scholars reach opposite conclusions, as with Bitcoin. Concerns means it carries a clear problem such as interest or gambling. Read the specific coin page for the detailed reasoning, and start with our guide on what makes a cryptocurrency halal.

This site is educational and is not a fatwa or financial advice. Rulings can change as a project changes, so confirm any decision with a qualified scholar and do your own research.

From the Qur'an

يَٰٓأَيُّهَا ٱلنَّاسُ كُلُوا۟ مِمَّا فِى ٱلْأَرْضِ حَلَٰلًۭا طَيِّبًۭا وَلَا تَتَّبِعُوا۟ خُطُوَٰتِ ٱلشَّيْطَٰنِ ۚ إِنَّهُۥ لَكُمْ عَدُوٌّۭ مُّبِينٌ

O mankind, eat from whatever is on earth [that is] lawful and good and do not follow the footsteps of Satan. Indeed, he is to you a clear enemy.

سُورَةُ البَقَرَةِSurah Al-Baqara 2:168

ٱلَّذِينَ يَأْكُلُونَ ٱلرِّبَوٰا۟ لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ ٱلَّذِى يَتَخَبَّطُهُ ٱلشَّيْطَٰنُ مِنَ ٱلْمَسِّ ۚ ذَٰلِكَ بِأَنَّهُمْ قَالُوٓا۟ إِنَّمَا ٱلْبَيْعُ مِثْلُ ٱلرِّبَوٰا۟ ۗ وَأَحَلَّ ٱللَّهُ ٱلْبَيْعَ وَحَرَّمَ ٱلرِّبَوٰا۟ ۚ فَمَن جَآءَهُۥ مَوْعِظَةٌۭ مِّن رَّبِّهِۦ فَٱنتَهَىٰ فَلَهُۥ مَا سَلَفَ وَأَمْرُهُۥٓ إِلَى ٱللَّهِ ۖ وَمَنْ عَادَ فَأُو۟لَٰٓئِكَ أَصْحَٰبُ ٱلنَّارِ ۖ هُمْ فِيهَا خَٰلِدُونَ

Those who consume interest cannot stand [on the Day of Resurrection] except as one stands who is being beaten by Satan into insanity. That is because they say, "Trade is [just] like interest." But Allah has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allah. But whoever returns to [dealing in interest or usury] - those are the companions of the Fire; they will abide eternally therein.

سُورَةُ البَقَرَةِSurah Al-Baqara 2:275

يَٰٓأَيُّهَا ٱلَّذِينَ ءَامَنُوا۟ لَا تَأْكُلُوٓا۟ أَمْوَٰلَكُم بَيْنَكُم بِٱلْبَٰطِلِ إِلَّآ أَن تَكُونَ تِجَٰرَةً عَن تَرَاضٍۢ مِّنكُمْ ۚ وَلَا تَقْتُلُوٓا۟ أَنفُسَكُمْ ۚ إِنَّ ٱللَّهَ كَانَ بِكُمْ رَحِيمًۭا

O you who have believed, do not consume one another's wealth unjustly but only [in lawful] business by mutual consent. And do not kill yourselves [or one another]. Indeed, Allah is to you ever Merciful.

سُورَةُ النِّسَاءِSurah An-Nisaa 4:29

وَلَا تَأْكُلُوٓا۟ أَمْوَٰلَكُم بَيْنَكُم بِٱلْبَٰطِلِ وَتُدْلُوا۟ بِهَآ إِلَى ٱلْحُكَّامِ لِتَأْكُلُوا۟ فَرِيقًۭا مِّنْ أَمْوَٰلِ ٱلنَّاسِ بِٱلْإِثْمِ وَأَنتُمْ تَعْلَمُونَ

And do not consume one another's wealth unjustly or send it [in bribery] to the rulers in order that [they might aid] you [to] consume a portion of the wealth of the people in sin, while you know [it is unlawful].

سُورَةُ البَقَرَةِSurah Al-Baqara 2:188

قُل لَّا يَسْتَوِى ٱلْخَبِيثُ وَٱلطَّيِّبُ وَلَوْ أَعْجَبَكَ كَثْرَةُ ٱلْخَبِيثِ ۚ فَٱتَّقُوا۟ ٱللَّهَ يَٰٓأُو۟لِى ٱلْأَلْبَٰبِ لَعَلَّكُمْ تُفْلِحُونَ

Say, "Not equal are the evil and the good, although the abundance of evil might impress you." So fear Allah, O you of understanding, that you may be successful.

سُورَةُ المَائـِدَةِSurah Al-Maaida 5:100

Scholarly review

Every ruling here comes from qualified scholars

I

We document the project

Our researchers set out exactly how a project generates value, what a holder actually owns, how it earns, and where any yield comes from. Mechanism first, marketing never.

II

Our scholars assess it

That documentation goes to the scholars we retain. They apply the established principles of fiqh al muamalat to the specific mechanism in front of them, and they issue the assessment.

III

We publish their conclusion

We publish the ruling with the reasoning that produced it, so a reader can follow the argument rather than simply accept a verdict. Where scholars differ, we say so.

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