Provenance Blockchain (HASH) is currently marked questionable - not a clean pass or a confirmed fail, per our own multi-standard crypto screen. Our full reasoning, the standards behind it and the facts it rests on are below.
The disagreement is about STAKING. Some standards treat validation rewards as payment for a real service performed for the network; others treat a return accruing to a holding as too close to a return on capital. Both positions are seriously held and neither is fringe.
2 of 6 permit it; 4 do not. We report that as unsettled rather than picking a side for you.
Corroborated where it counts. 2 separate models read this coin and described asset kind differently — but we ran our standards over each of their readings in turn and the verdict is the same either way, so nothing here rests on which one is right.
Not established: enables haram activity, transparent governance. Our verdict does not assume anything about these — where they would change the answer, we say so rather than guessing.
A return accruing to a currency-like holding sits close to the riba rulings this framework imports in full; the fatwa does not address staking directly.
Fiqh Council of North America, “Regarding the Islamic Ruling on Bitcoins” — default permissibility; treated as fiat currency, so all riba rulings and bai’ al-sarf apply
No clear evidence of prohibition: no riba, no impermissible underlying activity, and a real function.
Assembly of Muslim Jurists of America — Dr. Salah Al-Sawy (Secretary General) and Dr. Yasir Qadhi: transactions are permissible unless clear evidence prohibits them
This standard requires transparent governance to be established, and we could not establish it. An unestablished requirement is not a satisfied one, so this reads as unresolved rather than as a pass.
Securities Commission Malaysia, Shariah Advisory Council, 233rd-234th meetings, June-July 2020
Staking layer: rewards accrue for holding rather than for a clearly-priced service, which this framework treats as unresolved.
Amanah Advisors, Crypto Shariah Screening Framework (Mufti Faraz Adam)
Validation and fee-sharing are compensation for a real service rendered to the network, not a return on capital — the position under which this firm certified Ethereum staking.
Amanie Advisors (Dr. Daud Bakar) — Shariah certification of Ethereum staking; validation treated as a real service rendered to the network rather than a return on capital
A return for holding, without a clearly-identified service, is not distinguishable from a return on capital under these principles.
AAOIFI Shariah Standards - riba and non-permissible income, applied to the token's return mechanism (no dedicated crypto standard exists)
No intrinsic backing and no issuing authority; excessive gharar under this position, which applies to most digital assets including Bitcoin.
Mufti Muhammad Taqi Usmani (crypto trading and investment impermissible); Dar al-Ifta al-Misriyyah (Egypt, 2018); Diyanet Isleri Baskanligi (Turkey, 2017)
The restrictive position above is shown but excluded from our own verdict: it rejects most digital assets including Bitcoin on gharar alone, so letting it decide would mark nearly everything non-compliant — which is neither our conclusion nor a defensible reading of the evidence. Hiding it would be worse.
This is our own screening verdict, reached by applying each named standard ourselves to the facts above, last established 2026-08-29. Research, not a fatwa — for a decision that binds you, ask a scholar you trust.
HASH is the native token of Provenance Blockchain, a sovereign L1 public, proof-of-stake blockchain built using the Cosmos SDK. Launched in 2018, Provenance Blockchain modernizes and democratizes financial markets by bringing clarity, access, and equity to participants across the global financial ecosystem. Our platform addresses the challenges of legacy financial infrastructure by providing a transparent, efficient, and accessible alternative for financial institutions and users alike.
Background via CoinGecko — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.