Is this crypto halal? Shariah screening report
Bitcoin SV
BSV
- Price
- $16.79
- Market cap
- $337.10M
- Circulating supply
- 20,076,646.875
- 24h change
- -0.45%
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
Mineable PoW SHA-256 Medium of Exchange Store Of Value Purpose and Intended Use Bitcoin SV (BSV) emerged from a Bitcoin Cash hard fork in 2018, with 'SV' standing for 'Satoshi Vision'. The project claims to fulfill the original vision of Bitcoin's creator by restoring the original Bitcoin protocol, maintaining stability, and enabling massive on-chain scaling. BSV aims to be used as bot
Honesty & Founder Intent Clear
See token distribution section.
Dealing with Risk & Speculation Clear
Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.
Crypto Overview
Purpose and Utility
Mineable PoW SHA-256 Medium of Exchange Store Of Value Purpose and Intended Use Bitcoin SV (BSV) emerged from a Bitcoin Cash hard fork in 2018, with 'SV' standing for 'Satoshi Vision'. The project claims to fulfill the original vision of Bitcoin's creator by restoring the original Bitcoin protocol, maintaining stability, and enabling massive on-chain scaling. BSV aims to be used as both a peer-to-peer electronic cash system and a global blockchain for enterprise applications.
Business Model
The business model focuses on providing a scalable blockchain platform for legitimate business applications. The protocol itself doesn't involve inherently prohibited activities like interest-bearing products or gambling. The primary functions - payment processing and data storage - align with Islamic principles of fair trade and transparency.
Development Activity
The Bitcoin Association for BSV actively maintains and develops the protocol. There is ongoing technical development, though controversy surrounding certain key figures has impacted broader community engagement. The platform continues to release technical updates and maintains its core functionality.
Rating Justification
ComfortableFrom a Sharia compliance perspective, Bitcoin SV primarily serves as a digital payment system and data storage platform. The core technology and its intended use cases are permissible under Islamic law. The project facilitates actual asset exchange and provides real utility through its blockchain infrastructure. While there have been controversies surrounding certain figures in the ecosystem, these don't impact the fundamental halal nature of the technology and its use cases. The basic function of BSV as a medium of exchange and data platform remains aligned with Islamic principles of fair trade and transparency.
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.
Comparable assessments
Bitcoin Cash BCH
ComfortableComfortable — After analyzing Bitcoin Cash against Islamic finance principles, we find it meets the criteria for Sharia compliance. Key factors supporting this conclusion inc
Open reportBitcoin BTC
ComfortableComfortable — Bitcoin demonstrates clear utility as both a medium of exchange and store of value, with significant real-world adoption and ongoing development. The protocol o
Open reportDecred DCR
ComfortableComfortable — From a Shariah compliance perspective, Decred's utility and business model align with Islamic principles. The project offers legitimate utility through its gove
Open reportDigiByte DGB
ComfortableComfortable — Based on our analysis, DigiByte demonstrates clear utility as a blockchain platform and cryptocurrency. The project maintains legitimate technological use cases
Open reportDogecoin DOGE
ComfortableComfortable — Based on our analysis, Dogecoin demonstrates legitimate utility as a medium of exchange and operates with transparency and fairness. The project does not involv
Open report
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.
- corpus