Is this crypto halal? Shariah screening report
Haedal Staked SUI
HASUI
- Price
- $0.800367
- Market cap
- $43.55M
- Circulating supply
- 54,407,010.771
- 24h change
- -0.47%
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 HASUI is to provide liquidity for staked SUI tokens. Users can stake their SUI tokens through the Haedal protocol and receive HASUI tokens that represent their staked position. These HASUI tokens can be traded or used in other DeFi applications while the underlying SUI tokens continue earning staking rewards.
Honesty & Founder Intent Clear
HASUI tokens are minted when users stake SUI and burned when they unstake, maintaining a 1:1 relationship with staked SUI tokens. There is no pre-mine or founder allocation of HASUI tokens.
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 HASUI is to provide liquidity for staked SUI tokens. Users can stake their SUI tokens through the Haedal protocol and receive HASUI tokens that represent their staked position. These HASUI tokens can be traded or used in other DeFi applications while the underlying SUI tokens continue earning staking rewards.
Business Model
The protocol generates revenue through collecting a small percentage of staking rewards. The business model is straightforward and transparent, with clear documentation of how rewards are distributed between stakers and the protocol. Development and Adoption The protocol operates on the Sui Network and has implemented security measures to protect staked assets. While the project is relatively new, it provides a legitimate utility in the form of liquid staking services.
Token Distribution
HASUI tokens are minted when users stake SUI and burned when they unstake, maintaining a 1:1 relationship with staked SUI tokens. There is no pre-mine or founder allocation of HASUI tokens.
Rating Justification
ComfortableFrom a Shariah compliance perspective, HASUI represents actual ownership of staked SUI tokens and provides clear utility through liquid staking services. The protocol's business model is transparent and does not involve prohibited activities like interest-based lending or gambling. While staking rewards could be viewed as similar to interest, the underlying mechanism is more akin to profit-sharing from network validation services, which is generally considered acceptable from an Islamic finance perspective. The direct correlation between HASUI and staked SUI tokens, combined with the transparent operational model and legitimate utility, suggests this token adheres to Islamic financial principles.
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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Open report
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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