Is Stellar (XLM) halal?
Stellar (XLM) 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 Stellar
Stellar is an open-source, decentralized network co-founded in 2014 by Jed McCaleb and Joyce Kim to facilitate the fast and low-cost transfer of value across different currencies and assets globally. Managed by the non-profit Stellar Development Foundation, the project serves as a global infrastructure that connects banks, payment systems, and individuals to expand financial access to underserved populations. Its main value proposition lies in providing a bridge between…
| Categories | Smart Contract Platform · Real World Assets (RWA) · Stellar Ecosystem · GMCI 30 Index · GMCI Index · Made in USA |
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Frequently asked questions
Is Stellar halal?
Stellar (XLM) 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.