Halal Crypto

Peer-to-peer file-sharing network utility token; no interest-bearing mechanism — same category as Filecoin/Arweave

Speculative token with no real underlying utility function - primarily a meme/gambling asset.

DEX governance/utility token; liquidity-pool and farming-reward mechanics are debated by scholars — same posture as Uniswap

Tokenizes physical trading cards as collectible RWAs; no interest mechanism, but valuation is highly speculative — similar caution to NFT-adjacent tokens

Enterprise DLT built by traditional-finance institutions (Goldman Sachs, DTCC and others among its backers) primarily to tokenize conventional securities, which commonly include interest-bearing instruments; the utility token itself carries no direct riba mechanism

Layer-1 blockchain with identity-focused smart contract platform and real network utility for transactions and dApps, no interest-bearing mechanism.

Proof-of-stake consensus coin where primary return mechanism is staking rewards - same validator/delegation reward debate as Ethereum.

Layer-1 blockchain platform with smart contract functionality and decentralized consensus mechanism - genuine infrastructure utility without interest-bearing mechanisms.

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

Sports fan token platform; some fan tokens enable gambling-style voting; overall utility is debated

Proof-of-stake layer-1 blockchain where primary return mechanism is staking rewards - live scholarly debate on whether validator rewards constitute legitimate service fees or interest-like passive income.

Speculative meme token with no underlying utility function or real economic purpose.

Tokenized stock representation with no underlying blockchain utility function - pure speculative trading vehicle.

Utility token of the Crypto.com exchange, which offers margin, derivatives and interest-bearing 'earn' products — same conflict as other exchange tokens

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

Decentralized cloud computing and GPU rendering network utility token with real infrastructure function.

Identity verification utility token for blockchain access and credential issuance - no interest-bearing mechanism.

Meme token with no identifiable underlying utility function - primarily a speculative asset.

Play-to-earn gaming token with speculative value and no underlying non-gaming utility function.

Decentralized real-time data streaming and marketplace utility token with no interest-bearing mechanism.

Cross-chain bridge infrastructure token enabling asset transfers across blockchains without interest-bearing mechanisms.

Proof-of-stake hybrid consensus coin where staking rewards are a primary return mechanism - same scholarly debate as other PoS coins on whether validator rewards constitute legitimate service fees or interest-like passive income.

Meme token with no underlying utility function - primarily a speculative asset with maysir/gambling concerns rather than real infrastructure or service.

Privacy-focused cryptocurrency with genuine peer-to-peer transaction utility and decentralized network infrastructure function.

Social/copy-trading DeFi platform utility token with farming rewards — same debated liquidity/reward mechanics as other DeFi utility tokens

Decentralized automotive data marketplace utility token enabling vehicle data sharing and monetization on a real infrastructure network.

Logistics and supply chain management utility token with real underlying function for tracking and coordinating delivery services.

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

Speculative meme token with no underlying utility function or real use case beyond trading.

Meme coin; highly speculative; some scholars consider maysir (gambling)

Meme token with no underlying utility function - primarily speculative/tradeable asset with maysir (gambling) concerns.

Cross-chain interoperability utility token

Privacy-focused blockchain platform for confidential smart contracts and decentralized infrastructure - genuine utility token with no interest-bearing mechanism.

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

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

Blockchain platform for decentralized applications with smart contract functionality and no interest-bearing mechanism.

Governance token of Ethena Labs, which issues the derivatives-yield-funded synthetic dollar USDe (already NON_COMPLIANT); ENA itself doesn't directly bear interest but governs that riba-adjacent mechanism — same posture as UNI/LDO

Gaming asset platform utility token for NFT creation, minting, and marketplace functionality on Ethereum.

Governance token for decentralized domain name service utility - no interest-bearing mechanism or staking rewards as primary function.

Utility/smart contract platform; staking fees treated as service fees not riba

Liquid-restaking protocol governance token; staking/restaking reward structure is debated by scholars — same posture as Lido

Proof-of-work fork of Ethereum maintaining smart-contract/dApp platform utility function; mining rewards are not riba but a legitimate fee mechanism for network security.

Mobile payment and transfer network utility token with real underlying function.

Proof-of-stake validator reward token where primary return mechanism is staking rewards - live scholarly debate on whether network security service fees constitute permissible compensation or interest-like passive income.

Utility token for Energy Web Chain, a blockchain platform for decentralized energy grid infrastructure and supply-chain management.

Speculative meme token with no demonstrated underlying utility or real function.

AI/machine learning utility token for autonomous agents

Blockchain address domain name resolution utility token with no interest-bearing mechanism.

Privacy-focused payment network with real transaction utility and no yield-bearing mechanism.

Meme token with no underlying utility function - primary value driver is speculation and community trading rather than real infrastructure or service provision.

NFT/gaming blockchain utility token

Layer-1 DAG-based smart contract platform utility token

Network utility token for transaction fees on the Neo blockchain.

Governance token for NFT gaming protocol with vote-lock staking rewards - same yield debate as Curve/Uniswap governance tokens

Decentralized compute marketplace utility token enabling users to rent and share computing power.

DEX/infrastructure ecosystem (Gnosis Chain, Safe multisig) with no direct interest mechanism, but the project's origins in prediction-market betting products leave a lingering maysir concern

No-utility meme/speculative token with no underlying function beyond trading speculation.

Utility token of the Gate.io exchange, which offers margin and derivatives trading — same conflict as other exchange tokens

Governance token for a grant/donation platform with vote-lock reward mechanism similar to other DAO governance tokens.

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

Native gas/utility token of Provenance Blockchain; the token itself has no interest mechanism, but the network's flagship real-world applications (tokenized HELOCs, interest-accruing YLDS) are riba-based lending products

Enterprise DLT utility token

Meme token with no identifiable underlying utility or real function beyond speculative trading.

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

Meme/gaming token with no demonstrated utility beyond speculative trading and in-game mechanics.

Decentralised wireless network utility token

DEX/bridge governance token with vote-lock reward mechanisms similar to Curve/Balancer - same liquidity incentive debate as other AMM governance tokens.

Decentralized hosting and cloud infrastructure utility token for peer-to-peer application hosting.

Payment and smart-contract network with genuine utility for transactions and decentralized applications, no interest-bearing mechanism.

Governance token of the HTX (formerly Huobi) exchange, which offers margin and derivatives trading — same conflict as other exchange tokens

Cross-chain interoperability and messaging protocol infrastructure token without yield mechanisms.

L1 whose flagship product is a perpetual-futures/derivatives DEX, with borrowing and lending also built into the ecosystem — directly facilitates instruments most scholars consider haram

Blockchain platform with decentralized application and smart-contract infrastructure utility.

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

Gaming/NFT token with speculative value and play-to-earn rewards; no core utility function independent of its ecosystem's financial incentives.

Gaming/NFT layer-2 utility token

Decentralized GPU compute network utility token for distributed machine learning and AI inference tasks.

Utility token for decentralized IoT wireless coverage network incentivizing device operators

Liquid-staking protocol governance token; staking reward structure is debated by scholars — same posture as Lido

Solana DEX aggregator that also offers perpetual-futures trading — same derivatives conflict as INJ/SEI, layered on top of the existing DEX-governance-token debate (UNI)

Precious metal-backed stablecoin redeemable for physical silver with no interest-bearing mechanism - utility as a stable store of value and transfer medium.

Layer-1 blockchain platform for smart contracts and decentralized applications with no interest-bearing mechanism.

AI-powered information/analytics network utility token; no interest-bearing mechanism — same category as FET/OCEAN

Meme/speculative token with no identified underlying utility function - purely traded for price appreciation (maysir concern).

Each token backed by 1 gram of vaulted, insured physical gold bullion, redeemable — asset-backed commodity token, no interest mechanism

Utility token of the KuCoin exchange, which shares trading-fee revenue with holders and also offers margin/derivatives trading — same conflict as other exchange tokens

Layer-1 blockchain with Proof of Work consensus and smart-contract capability - no interest-bearing mechanism or staking rewards built into the protocol.

Privacy-preserving infrastructure token for the Keep Network, a threshold cryptography protocol enabling confidential smart contracts and decentralized storage with no interest-bearing mechanism.

Meme/speculative token with no demonstrated underlying utility function - a maysir/gambling concern.

AI-agent payments infrastructure utility token; no interest-bearing mechanism — same category as FET/OCEAN/Venice

Layer-1 blockchain with proof-of-stake consensus where staking rewards are the primary earnings mechanism - a live scholarly debate on whether validator rewards constitute service fees or interest-like passive returns.

DEX/AMM aggregation token with governance and liquidity-pool reward mechanisms creating the same vote-lock/staking-yield debate as Uniswap.

Proof-of-stake relay chain where primary return mechanism is staking rewards - live scholarly debate on whether validator/nominator rewards constitute legitimate service fees or interest-like passive returns.

Pure speculative meme token with no underlying utility function - maysir/gambling concern rather than interest-based.

Lottery/gambling-based token where returns come from participation in prize draws rather than utility or staking - maysir concern, not a genuine utility function.

Liquid staking protocol; staking reward structure debated

Utility token of the Bitfinex/iFinex exchange group, which offers margin and derivatives trading — same conflict as other exchange tokens

Layer 2 Ethereum scaling network providing payment and smart-contract infrastructure utility.

Decentralized perpetual-futures/derivatives trading platform — directly facilitates instruments most scholars consider haram, same category as INJ/SEI

Proof-of-stake infrastructure token where staking rewards are the primary return mechanism - live scholarly debate on whether validator/transcoder rewards constitute legitimate service fees or interest-like passive income.