Halal Crypto

Rouble-pegged stablecoin explicitly described as collateralized by bank deposits earning 'high overnight interest rates' — direct riba

Decentralised lending/borrowing protocol (riba)

Tokenized credit fund with underlying assets earning interest - the fund's returns are built on interest-bearing debt instruments, constituting riba.

Securitized credit fund with underlying assets generating interest income - direct riba mechanism.

Pump-and-dump scheme token with no real underlying utility - pure speculative maysir gambling mechanism

'Dividend-Backed Dollar' collateralized by fixed-rate perpetual preferred stock (e.g. Strategy's STRC) — a debt-like, fixed-payment instrument functioning as riba, and one that has already visibly depegged, adding excessive gharar for a purported stablecoin

Interest-bearing stablecoin where the core mechanism is generating yield through lending protocols - direct riba.

No underlying utility beyond a 5% buy/sell tax auto-converted to USDC and paid out to holders every five minutes — a guaranteed, automated payout scheme functioning like riba, with no genuine economic activity behind it

Aave-issued interest-bearing stablecoin where yield accrual is the core mechanism - direct riba.

USD stablecoin with yield mechanism - interest-bearing product built on riba model.

DeFi lending and borrowing protocol where yields are generated through interest-charging mechanisms - core business model is riba.

Explicitly a 'reward-bearing' asset that pays a daily reward at a stated APR — direct, unambiguous riba

Stablecoin reserve vehicle explicitly designed for daily reinvestment and compounding returns - core mechanism is interest-bearing yield generation (riba).

Tokenized institutional money-market fund; reserves generate interest income (riba) passed through to holders

Decentralized finance infrastructure for real-world asset tokenization and lending - utility token for network participation and governance without interest-bearing mechanisms as core function.

Interest-bearing stablecoin designed to generate yield through lending protocols and reserve strategies - core mechanism is riba.

Decentralised lending protocol (riba)

Lending protocol enabling interest-based borrowing and lending with yield paid to liquidity providers - core mechanism is riba.

Tokenized equity share in a publicly traded company - ownership of a real-world asset generating corporate profits and dividends, which constitute riba-like returns.

Stablecoin liquidity protocol with interest-bearing pools (riba)

Interest-bearing stablecoin issued by Curve Finance's lending protocol - borrowers pay interest and lenders earn yield, making riba the core mechanism.

Interest-bearing stablecoin designed to generate yield through lending protocols - core mechanism is riba.

Yield farming and liquidity-pool reward protocol where returns are generated from interest-bearing lending mechanisms and protocol fees - core business model is distributing yield from riba-based DeFi activities.

Algorithmic stablecoin generated through collateralised debt (riba)

Algorithmic stablecoin generated through collateralised debt (riba)

DeFi platform offering yield farming, staking rewards, and interest-bearing mechanisms as core income sources - riba-based business model.

DeFi yield protocol where staking and liquidity provision are the primary mechanisms for earning returns through interest-bearing pools and loan interest.

Diem (formerly Libra) is a stablecoin project designed as a payment network, but its core mechanism involves interest-bearing reserve assets and yield generation from collateral holdings - direct riba.

DOLA is an interest-bearing stablecoin issued by Inverse Finance where the primary mechanism involves lending protocols and interest accrual - core riba.

Governance token for decentralized derivatives exchange with vote-lock staking rewards - same yield-bearing governance debate as Uniswap and Aave.

Circle-issued EUR stablecoin under the same reserve model as USDC — interest-bearing bank-deposit reserve, direct riba

Overnight swap fund generating interest income from money market instruments - direct riba mechanism.

Tokenized money-market fund holding short-maturity Eurozone Treasury Bills — direct riba

Interest-bearing token with 'Digital Interest' as its core mechanism - direct riba through yield generation.

USD-backed stablecoin — same interest-bearing fiat-reserve structure as USDC/USDT

Interest-bearing stablecoin - feUSD is designed to accrue yield through an underlying interest-generating mechanism, making it a riba product.

Interest-bearing stablecoin designed to accrue yield for holders, making interest the core mechanism.

Tokenizes HELOCs (home equity lines of credit) as a debt-market instrument on Provenance Blockchain — the underlying asset is interest-bearing consumer debt (riba)

Fidelity fund product designed to generate yield through interest-bearing mechanisms and active fund management - core function is distributing returns from interest and investment income (riba).

Interest-bearing stablecoin fund product - yields generated from underlying collateral earning interest constitute riba.

Fractional-algorithmic stablecoin with interest-bearing mechanisms and yield farming incentives built into its core protocol design.

Frax is a fractional-algorithmic stablecoin where the protocol earns seigniorage and charges redemption fees that function as interest-bearing yield to token holders.

FTX exchange token whose primary utility was exchange fee discounts and yield-bearing staking rewards on the now-defunct FTX platform - the staking mechanism was explicitly interest-bearing (riba).

Interest-bearing stablecoin designed to generate yield through savings mechanisms - core function is riba (interest).

Interest-bearing stablecoin that accrues yield to holders through its rebasing mechanism - core function is distributing interest-like returns (riba).

Stablecoin minted via collateralized borrowing on Aave — direct riba, same as DAI

Decentralized perpetual futures and spot trading protocol where the core mechanism is leverage trading with funding rates and interest-bearing positions - riba-based trading infrastructure.

Mining-as-a-service token where users earn passive returns from cloud mining operations - the yield mechanism is fundamentally interest-like and built into the business model.

USD-pegged stablecoin with interest-bearing mechanisms through Gemini Earn and other yield products - riba.

Protocol is specifically built for derivatives, synthetic assets, and perpetual futures — directly facilitating instruments most scholars consider haram

Interest-bearing stablecoin designed to generate yield through lending and DeFi protocols - core mechanism is riba.

Tokenized fund holding AAA-rated Collateralized Loan Obligations — a pool of interest-bearing corporate loans, direct riba

Governance token of JustLend, Tron's lending/borrowing protocol — direct riba, same as AAVE/COMP

Tokenized fund holding interest-bearing US Treasuries — direct riba

Interest-bearing stablecoin that generates yield through lending protocols and algorithmic mechanisms - direct riba.

DeFi lending/borrowing protocol where yields are generated through interest-bearing mechanisms on deposits and loans.

Interest-bearing stablecoin backed by liquid staking derivatives, where the yield mechanism is the core product feature.

DeFi lending/borrowing protocol where yield derives from interest charged on loans - core riba mechanism.

Loan protocol token - business model fundamentally built on interest-bearing lending mechanisms where yield derives from charging/paying interest (riba).

Actively managed fund token with underlying assets earning interest and dividends - business model fundamentally built on riba-generating investments.

Collateralised debt position protocol (riba)

Explicitly a lending/borrowing protocol ('earn yield and borrow assets') — direct riba, same as AAVE/COMP

Tokenized US Treasury bill yielding interest - core mechanism is interest-bearing return (riba).

MYX Finance is a yield farming and lending protocol where returns are generated through interest-bearing mechanisms on deposited assets - core riba.

Platform token of Nexo, a crypto lending/interest-earning platform — direct riba, same as AAVE/COMP

Interest-bearing stablecoin designed to generate yield through underlying collateral earning mechanisms - core function is riba.

Treasury-backed DeFi protocol historically built around high-APY rebasing/bonding mechanics that function as guaranteed compounding yield — riba-like by design

Governance token of a protocol whose core products are tokenized-Treasury yield (USDY/OUSG) and Flux Finance, a lending/borrowing market — same riba exposure as AAVE/COMP

Reinsurance-collateral structured product explicitly marketed to 'generate yield in both rising and falling markets' — a guaranteed-return mechanism functioning as riba, on top of conventional (non-Takaful) reinsurance structuring

Tokenized fund holding short-term US Treasury bills (via the iShares SHV ETF) — direct riba

Tradable debt instrument backed by Latin American lending operations - the underlying business model is interest-bearing lending (riba), making the token a claim on interest income.

Structured finance product backed by interest-bearing legal receivables and post-settlement financing - core mechanism is collection of interest payments (riba).

DeFi lending protocol where yield is generated through interest charged on borrowed assets - core riba mechanism.

Explicitly a yield-tokenization protocol that trades fixed-interest instruments derived from future yield — direct riba

Perpetual futures trading platform where yields derive from interest payments on leveraged positions and funding rates - core mechanism is interest-based.

USD-pegged stablecoin backed by precious metals and bank deposits earning interest - the interest income on reserves constitutes riba.

USD stablecoin backed by Treasuries and cash equivalents held by Paxos — same interest-bearing reserve structure as USDC/USDT

Avalanche lending protocol governance token with vote-escrow staking rewards - same interest-bearing yield-farming debate as other DeFi governance tokens.

DeFi yield strategy protocol with structured vaults earning interest through options selling and lending - core business model is generating and distributing interest-based returns (riba).

Lending protocol where yield is generated through interest charged on loans - core business model is riba.

Interest-bearing stablecoin that accrues yield to holders through an automated rebasing mechanism - direct riba.

Interest-bearing stablecoin designed to generate yield through underlying collateral earning mechanisms - direct riba.

USD stablecoin backed by dollars and cash equivalents held by Standard Custody & Trust — same interest-bearing reserve structure as USDC/USDT

Overnight swap fund product designed to generate interest income through money-market instruments - core mechanism is riba.

Designed specifically for DeFi trading including derivatives and orderbooks — primary use case facilitates instruments scholars consider haram

Yield-farming and staking protocol where primary returns come from interest-bearing mechanisms and liquidity pool rewards - direct riba through staking rewards and pool incentives.

Governance token of Sky Protocol, the 2024 rebrand of MakerDAO — governs the same collateralized-debt-position mechanism already flagged for DAI/MKR

Synthetic asset protocol; staking rewards from debt (riba)

Synthetic asset protocol; staking rewards from debt (riba)

Tokenized collateralized loan obligation fund - structured finance product generating returns from interest-bearing debt instruments, core mechanism is riba.

Governance token of SUN.io, Tron's stablecoin-swap and lending platform, explicitly modeled on Curve DAO's CRV token — same riba exposure already flagged for CRV

Liquid staking derivative token - primary return mechanism is staking rewards from Ethereum validation, creating the same scholarly debate around whether yield from network participation constitutes a legitimate service fee or interest-like passive income.

Maple Finance is a DeFi lending protocol where yield is generated through interest charged on loans - core riba mechanism.

Treasury fund token backed by short-duration US bonds earning interest - direct riba through bond yield mechanism.

Interest-bearing stablecoin where trUSD generates yield through underlying collateral earning mechanisms - direct riba.

USD-backed stablecoin — same interest-bearing fiat-reserve structure as USDC/USDT

USD-pegged stablecoin — same interest-bearing fiat-reserve structure as USDC/USDT

DeFi lending/borrowing protocol where yield is generated through interest-bearing mechanisms - core business model built on riba.

Interest-bearing stablecoin with yield mechanism built into its core design - users earn returns through the protocol's interest-generating structure.

USD-pegged stablecoin with interest-bearing mechanism - yield generated through collateral earning interest constitutes riba.