Is this crypto halal? Shariah screening report
FUNToken
FUN
- Price
- $0.005438
- Market cap
- $58.76M
- Circulating supply
- 10,806,201,658.398
- 24h change
- 2.64%
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 Flagged
FUN token's primary purpose is to serve as a payment and rewards token for online gaming and gambling platforms. It is actively used for betting, casino games, and related gaming activities.
Honesty & Founder Intent Clear
The token has a transparent distribution model with detailed documentation about token allocation. The project maintains regular updates and community involvement in its development process.
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
FUN token's primary purpose is to serve as a payment and rewards token for online gaming and gambling platforms. It is actively used for betting, casino games, and related gaming activities.
Current Usage
FUNToken has established partnerships with several online gaming platforms and continues to be actively used in the online gambling sector. The project maintains active development and community engagement.
Business Model
The core business model revolves around facilitating online gambling and betting activities. The token is primarily used on platforms that offer various casino-style games and betting opportunities.
Token Distribution
The token has a transparent distribution model with detailed documentation about token allocation. The project maintains regular updates and community involvement in its development process.
Rating Justification
UncomfortableAfter thorough analysis, FUNToken's primary use case is directly connected to gambling and betting activities, which are explicitly prohibited in Islamic finance. While the technology and transparency of the project may be sound, its fundamental purpose and actual usage cannot be reconciled with Shariah principles. The core business model and primary utility of FUNToken being centered around gambling makes it incompatible with Islamic financial principles, regardless of its technical merits or market performance.
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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