All answers
Coins and tokens
Are tokenized stocks halal?
Answered by the ShariaQuant team
Two tokens can track the same company with one passing and one failing, which is what makes this different from ordinary equity screening. You have to screen the company and then screen the wrapper, because some tokenized stocks give you a real claim on shares held in custody and others give you a synthetic exposure backed by a derivative.
What you actually ownThis 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.