Is this crypto halal? Shariah screening report
BOOK OF MEME
BOME
- Price
- $0.000992
- Market cap
- $68.28M
- Circulating supply
- 68,866,821,832.734
- 24h change
- -3.27%
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
The stated purpose of BOME is to serve as a community token for meme enthusiasts and collectors. The project doesn't claim any complex utility beyond being a tradeable digital asset that represents membership in the meme community.
Honesty & Founder Intent Clear
The token launched with a fair distribution model where 100% of the supply was made available through a public sale. There was no pre-mine or team allocation, which significantly reduces concerns about founder enrichment schemes. Development and Marketing The project maintains a simple scope focused on community building and meme culture celebration. While marketing is a significant component of
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
The stated purpose of BOME is to serve as a community token for meme enthusiasts and collectors. The project doesn't claim any complex utility beyond being a tradeable digital asset that represents membership in the meme community.
Business Model
The project operates as a standard ERC-20 token with no lending, staking, or interest-bearing components. There are no gambling mechanics or prohibited activities in its core functionality.
Token Distribution
The token launched with a fair distribution model where 100% of the supply was made available through a public sale. There was no pre-mine or team allocation, which significantly reduces concerns about founder enrichment schemes. Development and Marketing The project maintains a simple scope focused on community building and meme culture celebration. While marketing is a significant component of the project's activity, this is consistent with its nature as a meme token. Real World Usage Current usage primarily revolves around trading on decentralized exchanges. The token has achieved significant trading volume and community engagement since its launch.
Rating Justification
ComfortableAfter analyzing Book of Meme (BOME) according to Islamic finance principles, we find that its core functionality as a tradeable digital asset with clear ownership transfer does not violate any fundamental Shariah principles. The project does not involve riba (interest), gambling mechanics, or facilitate any haram activities. While the project's utility is limited to trading and community participation, this doesn't affect its Shariah compliance as real asset ownership and transfer occurs with each transaction.
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.
- corpus