Earning and yield

Are crypto presales halal?

Answered by the ShariaQuant team

Paying today for a token that does not exist yet is a sale of something absent, and Islamic law has a specific framework for that. It turns on three questions, whether the thing is precisely defined, whether the delivery date is fixed, and whether the price is paid in full up front. Most presales fail the first two.

Buying what does not exist

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

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