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Crypto basics
What is gharar and why does it fail so many coins?
Answered by the ShariaQuant team
Gharar is excessive uncertainty about what you are actually buying or what you will actually get. Across the assets we have screened it disqualifies more projects than riba does, usually because the tokenomics are undisclosed, the supply can be changed at will, or the thing the token entitles you to was never defined.
Gharar explainedThis 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.