Is The Index (INDEX) halal or haram?
Not screened yet
We have not run our Shariah screening on The Index 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
Hold the coin, get paid in stocks.
The basics
- Where it lives
- token on robinhood
- Circulating supply
- 980,534,148 INDEX
- Maximum supply
- 1,000,000,000 INDEX
- Category
- Robinhood Ecosystem
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, The Index runs one product line: The Index (Indexes, $367K in fees over 30 days).
Per DefiLlama on 2026-09-23, $367K reached The Index token holders in the last 30 days (The Index $367K). How, in DefiLlama's words: Original INDEX Distributed stock pots and earn-a-stock Cranked deliveries to $INDEX holders.
Figures from DefiLlama. Whether any of this income is permissible is part of our screening.
Who controls the coins
Token on Robinhood Chain. Its contract's source code is not published where we can read it, so who can freeze or create tokens could not be read from the chain.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening, and it is checked there.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.