$BNB

Is BNB Halal or Haram A sharia compliant Analysis

BNB (Binance Coin) is often viewed as a utility token, mainly used for paying fees, staking, and accessing services within the Binance ecosystem. From a Shariah perspective, BNB can be considered halal if used strictly for its utility purposes and through spot trading only, without involving margin, futures, or interest-based staking. Its real-world use, such as in decentralized apps (dApps) and NFTs on the Binance Smart Chain, adds to its permissibility. However, there are concerns—BNB is closely tied to Binance, a platform that also offers riba-based services like futures and lending, which may indirectly affect its Shariah standing.