Is this crypto halal? Shariah screening report
Mantle
MNT
- Price
- $0.516549
- Market cap
- $1.71B
- Circulating supply
- 3,302,294,382.537
- 24h change
- 2.15%
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 purposes of MNT include: Network gas fees payment, Staking for network security, Governance participation in the Mantle DAO, and Value accrual through network activity. The token is actively being used for these intended purposes.
Honesty & Founder Intent Clear
The token distribution includes allocations for: Ecosystem Fund (45%), Treasury (25%), Core Contributors (20%), Early Supporters (10%). Vesting schedules are in place for team and investor allocations, showing commitment to long-term development.
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 purposes of MNT include: Network gas fees payment, Staking for network security, Governance participation in the Mantle DAO, and Value accrual through network activity. The token is actively being used for these intended purposes.
Current Usage
Mantle has shown significant adoption metrics: Over $2.5B in Total Value Locked (TVL) as of early 2024, Active developer ecosystem building on the platform, Growing number of decentralized applications deploying on the network.
Business Model
Mantle's business model focuses on providing blockchain infrastructure services, which is inherently halal as it involves the exchange of real utility and value. The platform does not directly facilitate any haram activities like gambling or interest-based lending.
Development Activity
The project maintains active development with regular updates to its core infrastructure. The GitHub repositories show consistent commits and improvements to the protocol.
Token Distribution
The token distribution includes allocations for: Ecosystem Fund (45%), Treasury (25%), Core Contributors (20%), Early Supporters (10%). Vesting schedules are in place for team and investor allocations, showing commitment to long-term development.
Rating Justification
ComfortableBased on our analysis, Mantle (MNT) demonstrates clear utility as a Layer 2 blockchain platform with legitimate use cases in transaction processing, network security, and governance. The project's focus on technological infrastructure development aligns with Islamic principles of providing genuine value and facilitating permissible trade. While the platform could theoretically be used for non-compliant activities (as with any blockchain), its core functionality and intended use cases are halal. The project shows transparency in its operations and token distribution, with active development and growing adoption.
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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