All answers
Coins and tokens
Are meme coins haram?
Answered by the ShariaQuant team
Not automatically, and this surprises people. A meme coin with fixed supply, no team allocation and no promised return contains no riba and no lending, so there is nothing in the contract to prohibit. Where they fail is usually gharar, an undisclosed supply or a team wallet that can dump on you, and the way most people buy them is closer to a wager than a purchase.
The verdicts that surprised usThis 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.