Is Keep Network (KEEP) Halal or Haram?
SUMMARY
Keep Network provided neutral privacy and bridging infrastructure with no haram revenue. The KEEP token's current utility is a lawful migration to the Threshold (T) token, and all core Shariah requirements are met.
Verdict by Activity
How you can hold and use KEEP
Buy & Hold
The token has genuine lawful use for migration to Threshold Network, and the underlying protocol provided neutral bridging infrastructure with no haram revenue.
Native Staking (Deprecated)
OptionalHistorically, holders could opt-in to stake tokens to secure the network, which is a permissible validation service, though this program is now officially deprecated.
Shariah Component Breakdown
Shariah Analysis
Infrastructure — where it runs
PassedThe asset operates on Ethereum, which is a neutral, general-purpose network.
Application — what it does
PassedThe protocol provided general-purpose privacy and bridging infrastructure with no exposure to riba, maisir, or haram industries.
Asset — what you own
PassedThe token's historical utility was native PoS staking to secure the network; its current sole utility is migration to the Threshold (T) token.
Property Status (Māl)
PassedThe token is a standard ERC20 with ascertainable supply, fixed or rule-based mint authority, and genuine lawful use as a migration asset.
Revenue Purity
PassedRevenue was generated from bridging and cryptography fees with no haram sources identified. Treasury composition and yield strategies are unknown.
Legitimacy & Security
whitepaper
PassedOfficial documentation and tokenomics information were found.
project audits
CautionSecurity information is noted, but the research does not name a completed audit by an independent auditor.
social presence
CautionNot covered by research.
Team & Ecosystem
team background
CautionNot covered by research.
Detailed Shariah Report
Keep Network is a blockchain protocol that historically provided off-chain privacy containers and powered the decentralized Bitcoin bridge, tBTC. In 2022, the project merged into the Threshold Network, meaning the KEEP token's current primary function is to be upgraded or wrapped into the new Threshold (T) token.
The KEEP token receives a Halal verdict based on a three-layer Shariah screening of its infrastructure, business activity, and asset qualification. A failure at any one of these layers would fail the entire asset. First, regarding simply buying and holding the token: this is permissible. The asset operates on Ethereum, a neutral, general-purpose infrastructure layer, and hosting other applications does not taint the native asset. The protocol's business activity of providing privacy infrastructure and bridging services generated revenue from lawful user fees without exposure to interest (riba) or gambling (maisir). Furthermore, the KEEP token qualifies as recognized digital property (Mal). A digital asset is an exclusive, protocol-recognized right of control which becomes property when it presently exists, is ascertainable, transferable, can be held and preserved, carries a lawful use, and is treated as wealth. KEEP meets these criteria as a standard ERC20 token with a fixed or rule-based mint authority and a genuine lawful use as a migration asset to the Threshold Network. Second, regarding optional mechanisms: historically, holders could opt-in to native staking to secure the network. This was a permissible validation service compensated by fee revenue and token emissions, though this program is now officially deprecated following the 2022 merger.
- The underlying infrastructure (Ethereum) is a neutral, general-purpose network.
- The protocol's historical business activity of providing privacy containers and bridging services is Shariah-compliant.
- Revenue was generated from lawful bridging and cryptography service fees, with no exposure to haram industries.
- The token has a genuine, lawful utility as a migration asset to upgrade to the Threshold (T) token.
- The historical native staking mechanism (now deprecated) was a permissible validation service.
- !The project's treasury composition and yield strategies are not publicly disclosed, meaning there is a possibility of interest-bearing assets held by the foundation, though this does not flow to token holders.
- !The Keep Network has officially merged into the Threshold Network, meaning its legacy staking and bridging systems (like tBTC v1) are deprecated and no longer active.
Not applicable. The protocol's revenue was derived entirely from lawful bridging and cryptography fees. Because no non-compliant revenue flows to token holders, simply holding or migrating the KEEP token requires no purification.
Keep Network is a legacy privacy and bridging protocol that has merged into the Threshold Network, making its native KEEP token permissible to hold primarily as a migration asset. The project operated without exposure to interest or prohibited industries, and its historical staking mechanisms were compliant with Islamic financial principles. While this analysis indicates Shariah compliance, final religious authority rests with a qualified scholar.
How this verdict was reached
This is not an opinion issued by ShariaQuant. It is the output of a documented screening methodology applied to researched facts about Keep Network (KEEP), and every row above states the specific evidence that drove it — so the reasoning can be examined rather than taken on trust.
The framework screens three layers — the infrastructure an asset runs on, the application it serves, and the asset itself — and separately tests whether the token qualifies as recognised property (māl): that it presently exists, has an ascertainable supply, can be held and transferred, and carries a genuine lawful use. A failure at any single layer fails the asset.
Revenue-purity thresholds follow the AAOIFI screening standard: non-compliant income below 5% of revenue is tolerated and purified, while 5% or above fails the screen.
The framework follows published scholarship rather than in-house opinion. Treating a digital asset as a right (ḥaqq) that becomes recognised property (māl) only on stated conditions follows “Is Crypto Halal? The Definitive Shariah Guide to Crypto and Digital Assets” by Mufti Faraz Adam (Amanah Advisors, 2026), which reproduces the conditions identified by Mufti Taqi Usmani. Financial thresholds follow the AAOIFI screening standard. The rulings we track are collected in the fatwa library.
AAOIFI has not reviewed, approved or endorsed this report or ShariaQuant, and no scholar named in our methodology has reviewed this individual verdict. This is analysis, not a fatwa — final religious authority rests with a qualified scholar.
This is an AI research platform and the screening engine is under active development. We keep improving how facts are gathered and checked, and a report is re-issued in full when an asset is screened again rather than amended in place.
Check this yourself
Each finding below is quoted word for word from the document it came from, and every quote was checked against that document before this verdict was issued. Open the link and read the sentence in place — you do not have to take ours for it.
0 of 3 decisive claims verified against their source, 2 withdrawn.
- Genuine lawful useCheck by hand
“In order to convert KEEP and NU to T, use this dashboard.”
coinbase.com
2 further findings were withdrawn before this verdict, because the quoted wording could not be confirmed in the document it was attributed to. Those points were treated as unknown rather than relied on.
Is Keep Network a serious project?
Permissible is not the same as good. This is the research behind that second question — what Keep Network is actually for, who is paying for it, what is already built, and what would have to go wrong.
Research on the project, not advice on the trade. A high fundamental score is not a recommendation to buy, and it says nothing about whether the asset is permissible — that is the Shariah verdict, and it is free.
How Keep Network ranks against its peers
The Shariah verdict tells you whether you may own Keep Network. This tells you what you would be holding — measured from market data, with no AI judgment in it, and compared only against assets of the same kind.
A ranking of how solid an asset is against its peers, not a forecast of what it will do next and not investment advice. A permissible asset can rank badly, and a badly ranked asset can still rise.
Asked alongside this
Short answers from the ShariaQuant team.
Knowing it passes is the easy half
Keep Network passing the screen does not tell you how to buy it without leverage, how much of your portfolio it should be, or when to sell. The free module covers the fiqh those decisions rest on.
Both are free. The module includes the community — no card required.