Is XRP (XRP) halal?
XRP (XRP) 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 XRP
XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. By serving as a neutral bridge asset between different fiat currencies, it helps financial institutions lower liquidity costs and…
| Categories | Smart Contract Platform · Layer 1 (L1) · FTX Holdings · Pantera Capital Portfolio · Andreessen Horowitz (a16z) Portfolio · XRP Ledger Ecosystem |
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Frequently asked questions
Is XRP halal?
XRP (XRP) 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.