Frequently Asked Questions
Is cryptocurrency halal in Islam?+
Many respected scholars consider owning cryptocurrency permissible when the asset has real utility, is bought with your own money (spot, no leverage), and the project's business activity is free of riba, gambling, and other prohibited elements. Each coin must be judged on its own merits — that is exactly what this screener does, asset by asset, with the evidence shown for every ruling.
How does ShariaQuant decide if a coin is halal or haram?+
Our AI performs a deep fundamental analysis of each asset — business activity, riba (interest) exposure, token utility, legitimacy, and team — measured against the standards of respected Islamic finance bodies such as AAOIFI. Every verdict ships with a detailed report explaining exactly why the asset was ruled Halal, Doubtful, or Haram.
Is Bitcoin halal?+
Spot Bitcoin is considered halal by the majority of contemporary scholars: it is a decentralized digital asset with no interest-bearing mechanism, purchased and held outright. Leveraged or futures trading of Bitcoin, however, is not permissible. Read the full Bitcoin Shariah report on this site for the complete evidence.
How often are the Shariah verdicts updated?+
New assets are screened and added continuously, and existing reports are refreshed as projects evolve — a coin's verdict can change if its business activity or tokenomics change. The list on this page updates daily.