Is Worldcoin (WLD) halal?
Worldcoin (WLD) passes the crypto Shariah screen Sanad uses. Formally confirmed as Shariah-compliant by the Shariah Advisory Council of Securities Commission Malaysia — a government securities regulator — following its 2020 resolution recognizing qualifying digital assets as māl (Shariah-recognized property).
How it was screened
Securities Commission Malaysia's Shariah Advisory Council (SAC) — 280th SAC Meeting, 11 June 2024 Source ↗
About Worldcoin
The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. A key component of the Worldcoin project is the development of the foundational infrastructure that will be important for a world where AI plays an increasingly large role. The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online…
| Categories | Smart Contract Platform · Ethereum Ecosystem · Decentralized Identifier (DID) · Optimism Ecosystem · Coinbase Ventures Portfolio · Multicoin Capital Portfolio |
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Frequently asked questions
Is Worldcoin halal?
Worldcoin (WLD) passes the crypto Shariah screen Sanad uses. Formally confirmed as Shariah-compliant by the Shariah Advisory Council of Securities Commission Malaysia — a government securities regulator — following its 2020 resolution recognizing qualifying digital assets as māl (Shariah-recognized property).
Which Shariah framework is used?
Securities Commission Malaysia's Shariah Advisory Council (SAC) — 280th SAC Meeting, 11 June 2024
Can the result change?
Yes. Crypto projects change, so Sanad re-screens against the framework regularly and updates the verdict when a project changes.