Is this crypto halal? Shariah screening report

0x

ZRX

Comfortable

Price: $0.096058
Market cap: $81.50M
Circulating supply: 848,396,562.897
24h change: -1.62%

Report generated 8/27/2026, 6:34:27 PM · stored corpus assessment · confidence 88%

Crypto Halal Report Criteria

We use a disciplined framework to determine if a digital asset is Comfortable from a sharia perspective, based on three core pillars.

Purpose & Real-World Value Clear

0x Protocol (ZRX) is a decentralized exchange protocol built on Ethereum that enables peer-to-peer trading of ERC-20 and ERC-721 tokens. The ZRX token serves as a governance token for the protocol, allowing holders to vote on protocol upgrades and changes.

Honesty & Founder Intent Clear

The initial token distribution allocated 50% to the public sale, 15% to the founding team, 15% to 0x organization, 10% to early investors and advisors, and 10% for developer fund. Team and advisor tokens had appropriate vesting periods to ensure long-term alignment.

Dealing with Risk & Speculation Clear

Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.

Crypto Overview

PlatformDecentralized Exchange (DEX) TokenDeFiScalingDAO

Purpose and Utility

Current Usage

0x Protocol has achieved significant adoption, powering various decentralized exchanges and DeFi applications. Notable integrations include Matcha, MetaMask Swaps, and Coinbase Wallet. The protocol has processed billions in trading volume since its inception.

Business Model

The protocol facilitates actual asset exchange between parties, with traders maintaining ownership of their tokens until trades are executed. The protocol generates revenue through small fees on trades, which are distributed to market makers and token holders who stake ZRX.

Development Activity

The project maintains active development with regular protocol upgrades and improvements. The team consistently releases updates and new features, demonstrating ongoing commitment to the platform's evolution.

Token Distribution

Rating Justification

Comfortable

From a Shariah compliance perspective, 0x Protocol operates as a legitimate exchange infrastructure facilitating the actual transfer of digital assets. The protocol's core function of enabling asset exchange aligns with Islamic principles of trade. Key considerations supporting this assessment: 1. The protocol enables real asset exchange between parties 2. Revenue is generated from legitimate trading fees 3. Governance utility provides actual value to token holders 4. No evidence of gambling or zero-sum game mechanics 5. No involvement in prohibited activities like interest-bearing lending or haram industries

The protocol enables real asset exchange between parties
Revenue is generated from legitimate trading fees
Governance utility provides actual value to token holders
No evidence of gambling or zero-sum game mechanics
No involvement in prohibited activities like interest-bearing lending or

While we find this token comfortable to invest in from a Shariah-screening perspective, this does not imply we think it is a strong investment.

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Disclaimer: These reports are findings of AI analysis and cannot be guaranteed to be accurate. Ratings reflect opinions derived from automated criteria applied to the sources you submitted and a corpus of prior assessments. This is not a fatwa and does not determine Islamic law. Ratings may change as projects evolve. Always conduct your own research before investing.

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