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Coins and tokens

Are exchange tokens like BNB halal?

Answered by the ShariaQuant team

The test is what the exchange earns and what the token entitles you to. A fee discount token on a venue whose main revenue is spot trading is a different case from a token whose value comes from a business built on leverage and lending. Look at where the revenue comes from before you look at the token.

Every haram coin and what breaks it

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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