Have you ever wondered if the crypto coin
you’re investing in is actually halal?

When I first started exploring crypto as a Muslim investor, I faced this
exact question. I didn’t want to break Shariah rules, but the information
online was scattered. After some research and personal experience, I created a
simple checklist that helps me identify whether a coin is likely
Shariah-compliant.

My Basic Checklist

1. Avoid Interest-Based Mechanisms 💸

I believe any coin or platform involving riba (interest) is not compliant.
Always check if the coin’s structure generates or relies on interest payments.

2. No Gambling or Speculative Practices 🎲

Coins that operate like a casino, with high-risk games or “pump and dump”
schemes, are usually non-compliant. I hope others take this seriously before
investing.

3. Transparent Project & Team 🕵️‍♂️

I always research the team behind the coin. A transparent, reputable team is
more likely to follow ethical practices.

4. Charitable or Ethical Purpose 🌍

Many Shariah-compliant projects integrate charity or social good. I believe
coins with a clear positive mission are safer for compliance.

5. Consultation with Scholars 📜

Even after research, I consult Shariah scholars or verified resources. I hope
beginners understand that expert advice adds an important layer of confidence.

✅ LASTLY

Checking if a coin is Shariah-compliant doesn’t have to be complicated. I
believe following this basic checklist helps protect your investment while
staying true to your values. I hope my tips inspire you to invest responsibly
and ethically.

💡 Tip: Take your time, research
carefully, and always prioritize compliance over hype.

👉 If this helped, like, comment, and follow
me — I share practical and ethical crypto tips every day on Binance Square!

#IslamicFinance #Islamic #WatchMay2024