ISLM
Islamic Coin ISLM
Shariah-focused coinStatusGenerally considered permissible
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What it is
The native coin of the HAQQ network, built explicitly around Islamic-finance principles with its own Shariah board.
Why this assessment
It is designed for compliance — no interest by design and a portion of issuance directed to charity — and is overseen by a dedicated Shariah board, which is why many consider it permissible. As always, verify the project still operates as described.
Key considerations
This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.