As a Muslim exploring the crypto world, one of the biggest questions is: “Is this coin halal?”
Let’s break it down in a simple way.
In Islam, money must be earned through ethical and transparent means. So, when looking at cryptocurrencies, we ask a few questions:
✅ Does it have a real purpose (utility), or is it just hype?
✅ Does it involve interest (riba)?
✅ Is there gambling (speculation or maisir)?
✅ Does it support anything haram (like alcohol, gambling, or adult content)?
For example, some tokens support useful platforms — like WCT, which connects crypto wallets to dApps. That has real value and may be halal. But coins like Doge, which were made as a joke and are traded just for fun, may fall into the speculative (and possibly haram) category.
💡 Tip: When in doubt, research or ask a trusted Islamic scholar. Your niyyah (intention) matters too.
📌 Remember: Not every trending coin is worth your money — or your values.