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SHIB

Shiba Inu SHIB

Meme coin
StatusRaises serious concerns
Live price

What it is

A meme token launched in Dogecoin's wake.

Why this assessment

Like other meme coins, it lacks intrinsic utility and is driven by speculation, raising clear maysir and gharar concerns.

Key considerations

Maysir (speculation)Gharar (uncertainty)
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.