HaramCoins
Tether USDT
Stablecoin (USD-pegged)StatusScholars differ (doubtful)
Live price…
What it is
A stablecoin aiming to hold a 1:1 value with the US dollar.
Why this assessment
Permissibility hinges on the nature of its reserves. Because those reserves are reported to include interest-bearing instruments, many scholars raise a riba concern, while others permit holding it purely as a digital dollar.
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.