Is this crypto halal? Shariah screening report

Creditcoin

CTC

Comfortable

Price: $0.087141
Market cap: $47.89M
Circulating supply: 549,564,264
24h change: 1.36%

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

Creditcoin is a blockchain platform designed to facilitate cross-border lending and credit history building. The project aims to create a decentralized credit infrastructure that allows recording of loan obligations and credit histories on the blockchain.

Honesty & Founder Intent Clear

The token distribution includes allocations for development, ecosystem growth, and community incentives. The project implements a proof-of-stake consensus mechanism where CTC tokens are used for network security.

Dealing with Risk & Speculation Clear

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

Crypto Overview

Ethereum EcosystemReal World Assets

Purpose and Utility

Current Usage

The project has established partnerships with various organizations, particularly in emerging markets. However, current on-chain data shows limited adoption of the platform for its intended purpose. The token is primarily used for network security through staking and as a means of payment for transaction fees.

Business Model

The platform's core functionality revolves around recording lending activities and credit histories. While lending for profit would typically be considered non-compliant with Shariah principles, Creditcoin itself does not engage in lending - it merely provides the technological infrastructure for recording these transactions. The platform can be used for both commercial lending and charitable lending (Qard Hasan).

Development Activity

The project maintains active development with regular updates to its codebase. The team continues to work on improving the platform's infrastructure and expanding its capabilities.

Token Distribution

Rating Justification

Comfortable

From a Shariah compliance perspective, while the platform could potentially be used for interest-based lending, the technology itself is neutral and can also facilitate Shariah-compliant charitable lending (Qard Hasan). The token's primary utility as a means of securing the network through staking and paying for transaction fees is permissible. The project's core technology does not inherently involve prohibited activities, although users should be mindful of how they personally utilize the platform. The token itself represents ownership in the network's infrastructure and serves legitimate utility purposes.

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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