Is this crypto halal? Shariah screening report
EthereumPoW
ETHW
- Price
- $0.271525
- Market cap
- $29.28M
- Circulating supply
- 107,818,999.05
- 24h change
- -4.34%
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 primary purpose of ETHW is to serve as a continuation of the Proof of Work version of Ethereum, allowing miners to continue their operations and maintaining a platform for decentralized applications. The network inherited Ethereum's smart contract capabilities and can theoretically support the same types of applications.
Honesty & Founder Intent Clear
ETHW distribution mirrors that of Ethereum at the time of the fork, with holders receiving equivalent amounts of ETHW tokens. There was no pre-mine or additional token allocation to the development team. Revenue Model and Operations The network operates purely on transaction fees paid in ETHW, which are distributed to miners. There is no lending or interest-bearing mechanism built into the protoc
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 primary purpose of ETHW is to serve as a continuation of the Proof of Work version of Ethereum, allowing miners to continue their operations and maintaining a platform for decentralized applications. The network inherited Ethereum's smart contract capabilities and can theoretically support the same types of applications.
Development Activity
The project maintains an active GitHub repository with regular updates focused on network maintenance and security improvements. The development team continues to work on network stability and compatibility with existing Ethereum tools.
Token Distribution
ETHW distribution mirrors that of Ethereum at the time of the fork, with holders receiving equivalent amounts of ETHW tokens. There was no pre-mine or additional token allocation to the development team. Revenue Model and Operations The network operates purely on transaction fees paid in ETHW, which are distributed to miners. There is no lending or interest-bearing mechanism built into the protocol itself.
Rating Justification
ComfortableAfter analyzing EthereumPoW based on Islamic finance principles, we find several key aspects that support its permissibility: 1. The network operates on a clear Proof of Work consensus mechanism, where miners provide actual computational work in exchange for rewards 2. Token ownership and transfers represent real asset exchange 3. The platform does not inherently facilitate riba or gambling 4. The core protocol itself does not engage in any prohibited activities While adoption and development activity are more limited compared to major networks, this does not impact its permissibility from a Shariah perspective.
- The network operates on a clear Proof of Work consensus mechanism,
- Token ownership and transfers represent real asset exchange
- The platform does not inherently facilitate riba or gambling
- The core protocol itself does not engage in any prohibited activities
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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