How a coin gets screened

You now have the vocabulary. This is how it gets applied to a real asset, and how to run the check yourself.

Question zero: is it property?

Everything starts where the last lesson finished. We work from the position that a digital asset can be mal. A coin that clears that goes into the screen. If you hold the opposing view, nothing below applies to you.

Layer one: what the business does

What does this project actually earn from?

A protocol whose revenue comes from lending at interest fails immediately, however good the technology is. So does a gambling platform, a prediction market, or anything built on prohibited activity. This layer is the fastest to check and the least argued about.

Aave is the useful example. Real technology, real adoption, genuine working utility, and it fails here without a second thought, because the business is an interest rate market.

Layer two: the tokenomics

Now look at the token by itself, separately from the business.

Does holding it promise a fixed return? Is a yield guaranteed rather than earned? Does a team wallet hold a share large enough to move the price at will? Is the supply schedule public and fixed, or can more be minted whenever the team decides?

This layer rejects more projects than the first one does. A clean business can still issue a token that behaves like an interest bearing instrument.

Layer three: the contract

Finally, can you actually take ownership, and is the thing being sold defined clearly enough for the sale to be valid?

Tokens that grant nothing definable, presales for assets that do not exist yet, and instruments where you never take possession all fail here. This is where gharar does its work.

One failure is enough

There is no scoring, no averaging, no two out of three. A project that passes two layers and fails one is not permissible.

That is why some well built, widely held projects carry a haram verdict on this site, and why we publish the reason every time instead of just the badge.

In one line: property first, then business, then tokenomics, then contract, and a single failure ends it.