Perpetual Protocol (PERP) is currently considered not halal (non-compliant), per our own multi-standard crypto screen. Our full reasoning, the standards behind it and the facts it rests on are below.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
The protocol's primary business is an activity Islam prohibits, which no default of permissibility can rescue.
It provides leveraged or synthetic exposure rather than ownership of an asset, carrying gharar and maysir directly.
Independently corroborated. 2 separate models read this coin and agreed on every fact the verdict turns on.
The underlying activity is impermissible, which no default of permissibility can rescue.
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
The network's primary use is a prohibited activity.
Assembly of Muslim Jurists of America — Dr. Salah Al-Sawy (Secretary General) and Dr. Yasir Qadhi: transactions are permissible unless clear evidence prohibits them
The network's primary use is an activity Shariah prohibits.
Leveraged or synthetic exposure rather than ownership of an asset.
Securities Commission Malaysia, Shariah Advisory Council, 233rd-234th meetings, June-July 2020
Project layer: the underlying activity is not permissible.
Amanah Advisors, Crypto Shariah Screening Framework (Mufti Faraz Adam)
The underlying activity is impermissible.
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
No interest-derived return to the holder.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 27.40 | BUY |
| Stochastic %K (14) | 6.93 | BUY |
| CCI (20) | -117.47 | BUY |
| Williams %R (14) | -93.07 | BUY |
| MACD (12,26,9) | -0.00 | SELL |
| ROC (10) | -31.32 | SELL |
| Momentum (10) | -0.06 | SELL |
| EMA (10) | 0.15 | SELL |
| SMA (10) | 0.14 | SELL |
| EMA (20) | 0.17 | SELL |
| SMA (20) | 0.17 | SELL |
| EMA (30) | 0.18 | SELL |
| SMA (30) | 0.19 | SELL |
| EMA (50) | 0.21 | SELL |
| SMA (50) | 0.22 | SELL |
| EMA (100) | 0.23 | SELL |
| SMA (100) | 0.25 | SELL |
| EMA (200) | 0.28 | SELL |
| SMA (200) | 0.26 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Perpetual Protocol (PERP) is a decentralized trading platform that enables users to trade perpetual contracts on various assets with leverage, utilizing an automated market maker (AMM) for liquidity. It aims to provide a seamless trading experience while maintaining a decentralized and trustless environment. Source: CoinPaprika.com
ProtocolEthereum (ETH) Token (ERC-20)Arbitrum EcosystemBinance Coin (BNB) Token (BEP-20)Solana (SOL) TokenOptimism EcosystemDerivativeDeFiDecentralized Exchange (DEX)Automated Market Makers (AMM)
Background via CoinPaprika — informational, not part of the verdict.
Aggressive buy (inflow) vs sell (outflow) volume from the recent Binance tape, by trade size. Market context only — not a signal.
From the last 1000 aggregate trades · via Binance.
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.