Halal Crypto

Decentralized machine economy and DePIN infrastructure token enabling IoT devices and machines to transact and coordinate on-chain without interest mechanisms.

NFT/meme community token with no fundamental utility beyond collectibles and community speculation — same category as DOGE/SHIB

Governance token for a DAO with no clear underlying utility function beyond speculation and voting rights.

Meme token with no underlying utility function - purely speculative asset subject to maysir (gambling) concerns.

Meme coin; no underlying utility; highly speculative; scholars consider it close to maysir

Mobile 'mining' social currency; no interest mechanism, but the project's distribution model and real-world utility remain unproven and widely debated — significant gharar

Proof-of-stake privacy coin where primary return mechanism is staking rewards - live scholarly debate on whether validator rewards constitute legitimate service fees or interest-like passive income.

Meme token with no underlying utility function - purely speculative asset with maysir/gambling concerns.

Successor token to matic-network following Polygon's 2024 MATIC-to-POL migration; same Layer-2 scaling utility function, no riba mechanism

Decentralized relay network infrastructure token for fast block propagation and data relay without interest-bearing mechanism.

Meme token with no identified underlying utility function - primary appeal is speculative trading rather than real use case.

Meme token with no underlying utility function - purely speculative trading asset with maysir/gambling concerns.

Peer-to-peer energy trading platform utility token for transacting on decentralized electricity marketplace infrastructure.

Real-estate tokenization and transaction platform utility token with underlying marketplace function.

Wrapped Bitcoin bridge token with underlying Bitcoin utility as a payment/transfer network.

Launchpad for creating and trading meme coins — facilitates the same highly speculative, no-utility trading as the meme coins it spawns

Point-of-sale payment network and blockchain infrastructure for physical merchant payments - genuine utility token with no interest-bearing mechanism

Interoperability utility token for enterprise

Quantum-resistant blockchain network providing post-quantum cryptography infrastructure and payment/transfer utility.

Smart contract platform combining Bitcoin's UTXO model with Ethereum-like virtual machine for decentralized applications - genuine utility without interest-bearing mechanism.

Layer-1 blockchain network for decentralized payment and smart contract execution with proof-of-work consensus - no interest-bearing mechanism.

Non-interest-bearing, decentralized stablecoin with redemption mechanism and no yield-generating features - utility token for price-stable value transfer.

Privacy-focused transaction protocol enabling confidential transfers on Ethereum and other chains - genuine infrastructure utility without interest-bearing mechanisms.

Decentralized options-trading protocol on Arbitrum — options are a derivatives instrument most scholars treat with the same caution as futures/perpetuals

AMM/DEX governance token with vote-lock reward mechanisms - same liquidity-pool incentive debate as Uniswap.

SocialFi content-creation and payments utility token; no interest-bearing mechanism — same category as Basic Attention Token

Meme/speculative token with no identifiable underlying utility function or real-world use case.

Payment request protocol utility token enabling invoice creation and settlement on decentralized networks without interest-bearing mechanisms.

Holoride is a VR entertainment platform utility token enabling ride-sharing passengers to access immersive content experiences with no interest-bearing mechanism.

Governance token for a cryptocurrency casino/gambling platform - maysir concern due to speculative/gambling-focused business model rather than utility function.

Decentralised GPU rendering utility token

Utility token for The Root Network blockchain infrastructure and smart contract platform.

Ethereum liquid staking protocol governance token - rewards earned primarily through node operator fees and protocol participation, subject to the same staking-reward debate as other PoS-derived protocols.

Proof-of-stake validator token where primary return mechanism is staking rewards for network security - live scholarly debate on whether this constitutes legitimate service fee or interest-like passive income.

Gaming/metaverse utility token; payment for virtual land and assets

AMM/DEX governance token on Solana with vote-lock staking rewards - same liquidity-pool and stake-based yield debate as Uniswap.

Decentralized cloud storage network utility token for paying network providers and renters.

Privacy-focused smart contract platform with genuine utility for encrypted computation on blockchain.

Liquid staking token where primary returns come from staking rewards - same live scholarly debate as other proof-of-stake coins on whether validator service fees constitute riba or legitimate network compensation.

Meme coin; no underlying utility; speculative

Meme token with no real utility function beyond speculative trading.

Meme token with no real underlying utility function - primarily a speculative asset subject to maysir (gambling) concerns.

Proof-of-stake validator token with primary returns via staking rewards - the core scholarly debate between service-fee-for-validation versus interest-like passive income.

Layer-1 utility token with no interest mechanism

Tokenized stock derivative with no underlying blockchain utility function - purely speculative trading vehicle.

Meme coin with no fundamental utility beyond speculation — same category as DOGE/SHIB

Decentralized blockchain data indexing and query infrastructure utility token.

DEX/AMM governance token with liquidity provision and vote-lock reward mechanisms - same scholarly debate as Uniswap on whether rewards constitute impermissible interest or legitimate service fees.

L1 purpose-built around USDT as its native gas token — a genuine payments/utility network, but its core design bootstraps and depends on an already-non-compliant stablecoin

Governance token for NFT marketplace and smart-contract platform with primary earnings mechanism through proof-of-stake staking rewards - same scholarly debate as other PoS coins on legitimacy of validation service fees versus passive interest.

DEX/bridge governance token with vote-lock staking rewards mechanism - subject to same scholarly debate as other AMM governance tokens on yield and utility.

Decentralized cloud storage network utility token with no interest-bearing mechanism.

Layer 2 scaling network utility token for transaction fees and network participation on Ethereum.

Bitcoin Layer-2 utility token enabling smart contracts on Bitcoin

Layer-1 utility token

AMM/DEX governance token with vote-lock staking rewards - same liquidity-pool/vote-lock reward debate as Uniswap.

AMM/DEX governance token with staking rewards - liquidity-pool reward debate similar to Uniswap.

Decentralized data infrastructure and query layer for blockchain applications - genuine utility token for computation and data access.

Cross-chain messaging and liquidity bridge protocol - genuine infrastructure utility with no interest-bearing mechanism.

Ethereum Layer 2 rollup protocol token - genuine utility for network operation and governance, no interest-bearing mechanism.

Telcoin is a payment utility token designed to enable low-cost remittances and mobile money transfers through telecom operators, with no interest-bearing mechanism.

Utility token for paying transaction fees and resource costs on the Theta video streaming and edge computing network.

Decentralised video streaming network utility token

Modular blockchain data availability layer utility token

Gambling and unregulated content dApps operate on the network; underlying utility is permissible but ecosystem is debated

Decentralized knowledge graph and supply chain data verification utility token for tracking product provenance and authenticity.

Decentralized knowledge graph and data integrity network for supply chain and verifiable information sharing - genuine utility with no interest-bearing mechanism.

Speculative meme/political token with no demonstrated underlying utility function - maysir/gambling concern rather than interest-based.

Politics-themed meme coin with no fundamental utility beyond community speculation — same category as DOGE/SHIB

Gambling dApps operate on the network; underlying token debated

Speculative meme token with no demonstrated underlying utility function or real-world use case.

Utility token for Trust Wallet mobile app ecosystem governance and transaction fee discounts - no interest-bearing mechanism.

Decentralized AI memory-layer infrastructure utility token; no interest-bearing mechanism — same category as FET/OCEAN

UMA is a decentralized oracle/contract verification protocol, but users primarily earn returns through governance voting incentives (vote-lock mechanism), creating the same staking-rewards debate as other PoS/governance-incentive tokens.

DEX governance token; liquidity pool fees debated by scholars

Speculative trading bot token with no underlying utility function beyond governance speculation.

Speculative meme token with no underlying utility function - maysir/gambling concern rather than interest-based non-compliance.

Money-market fund tracking short-term U.S. Treasury bills - a real underlying asset with no interest-bearing mechanism (Treasury yields are embedded in the bond price, not a separate interest product).

Governance token for Velodrome Finance AMM/DEX with vote-lock reward mechanism - same liquidity-pool incentive debate as Uniswap.

AMM/DEX governance token with vote-escrow mechanics and liquidity provider rewards - same staking/vote-lock reward debate as Uniswap and Curve

Holding VET passively generates VTHO without any action — scholars debate whether this passive yield constitutes riba

Layer-2 blockchain network with native token for gas fees and network utility - functions as a payment/transfer infrastructure.

Speculative meme token with no real underlying utility or function

AI-agent creation/tokenization launchpad utility token; no interest-bearing mechanism — same category as FET/OCEAN

VeTho is a utility token used for on-chain transactions and smart-contract execution fees on the VeChainThor blockchain.

AI-inference utility token with no interest mechanism, but the platform's 'unrestricted AI Characters' feature can generate content (e.g. explicit/inappropriate material) most scholars would treat as impermissible

Cross-chain bridge and interoperability protocol enabling asset transfers between blockchains - genuine infrastructure utility with no interest-bearing mechanism.

Proof-of-stake blockchain platform where primary returns come from staking rewards - ongoing scholarly debate on whether validator rewards constitute legitimate service fees or interest-like passive income.

Blockchain infrastructure for digital collectibles and NFTs with a proof-of-stake consensus mechanism where staking rewards are treated as service fees for network validation rather than interest-bearing yields.

Utility token of the WhiteBIT exchange, which offers margin and leveraged trading — same conflict as other exchange tokens (BNB, OKB)

Wrapped version of Bitcoin - inherits underlying asset's classification as a genuine payment/transfer network with no interest-bearing mechanism

WalletConnect is a decentralized communication protocol enabling wallet-to-dApp connections with no interest-bearing mechanism.

Governance token for a lending/borrowing protocol where yield is generated through interest-rate mechanisms typical of DeFi lending platforms.

Meme coin; no underlying utility; speculative

Speculative meme token with no demonstrated underlying utility function or real-world use case.

Digital-identity/proof-of-personhood utility token; no interest-bearing mechanism

Meme token with no real underlying utility function - purely speculative trading asset with maysir (gambling) concerns.

Speculative meme token with no underlying utility function or real infrastructure beyond trading and community engagement.

Each token is redeemable for one troy ounce of physical, allocated gold — asset-backed commodity token with no interest mechanism

Native utility token for xDai (now Gnosis Chain) - a sidechain/layer-2 EVM platform providing low-cost smart-contract execution with no interest-bearing mechanism.