Our Methodology
How we perform Shariah compliance analysis
At ShariaQuant, we have developed a robust evaluation methodology that relies on both traditional Islamic jurisprudence and advanced fundamental analysis. After scholarly Fatwas have already been issued by certified Islamic scholars, we utilize our specialized intelligence engine to conduct ongoing screening of crypto assets against established Islamic Fiqh, Quran, and Hadith guidelines.
1. Deep Fundamental Analysis
The initial stage of analysis begins with an exhaustive extraction of information from the project's foundational documents. We gather intelligence from the project's whitepaper, lightpaper, official documentation, GitHub repositories, and tokenomics records to determine the exact business model, token utility, and revenue mechanisms.
2. Rigorous Reasoning
Following the fundamental data extraction, our engine begins a rigorous reasoning path to reach a Shariah-compliant conclusion. The extracted facts are strictly weighed against Islamic finance principles regarding Riba (usury), Gharar (excessive uncertainty), Maisir (gambling), and Haram activities to formulate a clear, evidence-based ruling.
Alignment with Islamic Fiqh
Our framework ensures that the evaluation is not just a surface-level scan, but a profound reasoning process that tests the cryptocurrency against core Islamic principles:
Absence of Riba (Usury): Guaranteeing that the project's consensus mechanisms, lending protocols, and token utility do not involve or promote interest-based transactions.
Absence of Gharar (Uncertainty): Ensuring that the token has clear, defined utility and the system design mitigates excessive risk or deceit.
Absence of Maisir (Gambling): Ruling out any protocol that relies on chance-based outcomes for reward distribution.
Halal Business Activity: Reviewing the project's ecosystem to confirm it does not facilitate impermissible (Haram) industries such as adult entertainment, alcohol, or illicit trade.
Disclaimer: Our intelligence analysis aims to provide a reliable, data-driven reasoning path for every crypto project based on established Fatwas. However, financial markets and project protocols can change. Users should always complement this tool with personal diligence and consultation with certified Islamic finance experts.