Is Bitcoin (BTC) halal?
Bitcoin (BTC) passes the crypto Shariah screen Sanad uses. This asset currently passes the framework's screen: its underlying technology, tokenomics, and treasury use show no evidence of interest-bearing yield, gambling mechanics, or non-halal business activity. Re-screened monthly — status can change if the project changes.
How it was screened
Crypto Shariah Screening Framework by Mufti Faraz Adam (2021), via HalalSignalz's monthly passlist Source ↗
About Bitcoin
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm. With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital…
| Hashing algorithm | SHA-256 |
|---|---|
| Categories | Smart Contract Platform · Layer 1 (L1) · FTX Holdings · Proof of Work (PoW) · Bitcoin Ecosystem · GMCI 30 Index |
Go deeper on Sanad
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Frequently asked questions
Is Bitcoin halal?
Bitcoin (BTC) passes the crypto Shariah screen Sanad uses. This asset currently passes the framework's screen: its underlying technology, tokenomics, and treasury use show no evidence of interest-bearing yield, gambling mechanics, or non-halal business activity. Re-screened monthly — status can change if the project changes.
Which Shariah framework is used?
Crypto Shariah Screening Framework by Mufti Faraz Adam (2021), via HalalSignalz's monthly passlist
Can the result change?
Yes. Crypto projects change, so Sanad re-screens against the framework regularly and updates the verdict when a project changes.