Is this crypto halal? Shariah screening report

Centrifuge

CFG

Comfortable

Price: $0.122188
Market cap: $70.52M
Circulating supply: 577,154,370
24h change: -1.05%

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

Centrifuge is a decentralized finance (DeFi) protocol designed to connect real-world assets (RWA) to DeFi lending markets. The CFG token serves as the protocol's governance token, allowing holders to participate in decision- making regarding protocol parameters, upgrades, and resource allocation.

Honesty & Founder Intent Clear

The token distribution includes allocations for team members and early investors with standard vesting periods. The project maintains transparency regarding token allocations and vesting schedules.

Dealing with Risk & Speculation Clear

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

Crypto Overview

Ethereum EcosystemSubstratePolkadotPolkadot EcosystemMoonbeam Ecosystem

Purpose and Utility

Current Usage

Centrifuge has established partnerships with several traditional financial institutions and has successfully tokenized multiple real-world assets. The protocol has processed significant volumes of real-world asset transactions, demonstrating practical utility beyond speculative trading.

Business Model

The core business model revolves around tokenizing real-world assets like invoices, real estate, and other physical assets, making them accessible for DeFi financing. Token holders can participate in governance and stake CFG to secure the network. The protocol generates value through facilitating real- world asset financing and creating a bridge between traditional finance and DeFi.

Development Activity

The project maintains active development with regular updates to its protocol. The team consistently releases technical improvements and new features, showing commitment to building long-term infrastructure.

Token Distribution

The token distribution includes allocations for team members and early investors with standard vesting periods. The project maintains transparency regarding token allocations and vesting schedules.

Rating Justification

Comfortable

Based on our analysis, Centrifuge (CFG) functions as a legitimate utility token with clear use cases in governance and network security. The protocol's focus on connecting real-world assets to DeFi markets provides tangible utility and value exchange. While the protocol includes lending features, these are structured as asset-backed financing rather than traditional interest-bearing loans. The token's primary functions of governance and staking do not involve gambling or zero-sum games. The exchange of value is tied to real-world assets and legitimate business activities. The project demonstrates ongoing development and actual usage in facilitating real-world asset financing.

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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