Is Backed CSPX Core S&P 500 (BCSPX) halal or haram?
Not screened yet
We have not run our Shariah screening on Backed CSPX Core S&P 500 yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails.
The basics
- Where it lives
- token on ethereum (also on base, sonic, polygon-pos, binance-smart-chain, arbitrum-one, avalanche, xdai)
- Circulating supply
- 36,869 BCSPX
- Total supply
- 36,869 BCSPX
- Category
- Tokenized Assets, BNB Chain Ecosystem, Avalanche Ecosystem
Who controls the coins
Read from the token's verified contract on Ethereum (0x1e2c4fb7ede391d116e6b41cd0608260e8801d59) on 2026-09-23: burn lets a single wallet key (0x5f7a…a2ad) move or burn a chosen holder's tokens without the holder's consent. mint lets a 2-of-3 multisig wallet (0xdd27…4a71) create new tokens, with no cap in the code; setMinter lets a 2-of-3 multisig wallet (0x22f2…1603) appoint any address to create new tokens, with no cap in the code. Its code can be replaced by whoever holds the upgrade power. The same coin is deployed on other chains: on Base (0xc3ce78b037dda1b966d31ec7979d3f3a38571a8e), burn lets a single wallet key (0x5f7a…a2ad) move or burn a chosen holder's tokens without the holder's consent; on Polygon (0x1e2c4fb7ede391d116e6b41cd0608260e8801d59), burn lets a single wallet key (0x5f7a…a2ad) move or burn a chosen holder's tokens without the holder's consent; on Arbitrum (0x1e2c4fb7ede391d116e6b41cd0608260e8801d59), burn lets a single wallet key (0x5f7a…a2ad) move or burn a chosen holder's tokens without the holder's consent; on Gnosis Chain (0x1e2c4fb7ede391d116e6b41cd0608260e8801d59), burn lets a single wallet key (0x5f7a…a2ad) move or burn a chosen holder's tokens without the holder's consent. Whether those are the project's own copies or an unrelated bridge's is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.