📌 Crypto & Shariah – Part 2: Which Tokens Are Halal? (English Version)

By: Shaker Haqqani

> ❗ Not every token is Shariah-compliant — you must analyze its nature, purpose, and structure.

✅ Halal tokens are those that:

‱ Are not linked to gambling or lottery

‱ Are not based on interest (riba) or loan returns

‱ Offer a real, productive utility (payment, governance, knowledge, etc.)

❌ Haram or doubtful tokens often:

‱ Promote hype or meme-based speculation only

‱ Are linked to Ponzi or multi-level marketing (MLM) schemes

‱ Are connected to interest-based DeFi protocols

💡 Shariah principle:

"Any asset that involves deception, injustice, or harm – is not halal."

đŸ›Ąïž Always do your own research.

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