Is this crypto halal? Shariah screening report
Orca
ORCA
- Price
- $1.29
- Market cap
- $78.49M
- Circulating supply
- 60,798,773.072
- 24h change
- 2.91%
Report generated 8/27/2026, 6:34:28 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 utility of ORCA includes governance rights over the protocol, receiving a portion of trading fees when providing liquidity, and staking rewards. The platform facilitates real asset exchanges between cryptocurrencies on Solana with actual transfer of ownership.
Honesty & Founder Intent Clear
The token distribution includes allocations for the team and investors with standard vesting schedules. While a portion is reserved for the team, the vesting schedule appears designed to align long-term incentives rather than enable quick profit-taking.
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 utility of ORCA includes governance rights over the protocol, receiving a portion of trading fees when providing liquidity, and staking rewards. The platform facilitates real asset exchanges between cryptocurrencies on Solana with actual transfer of ownership.
Business Model
Orca generates revenue through trading fees from users swapping tokens on their platform. The business model is transparent and involves legitimate exchange of digital assets. The protocol does not engage in interest-based lending or gambling activities. Development and Adoption The project maintains active development with regular updates to the protocol. It has established itself as one of the leading DEXs on Solana with significant daily trading volume and liquidity. The team consistently releases new features and improvements to the platform.
Token Distribution
The token distribution includes allocations for the team and investors with standard vesting schedules. While a portion is reserved for the team, the vesting schedule appears designed to align long-term incentives rather than enable quick profit-taking.
Rating Justification
ComfortableBased on our analysis, Orca operates as a legitimate decentralized exchange facilitating the real transfer of digital assets. The protocol's core functions align with Islamic principles as they involve actual exchange of assets and create genuine utility. The business model is transparent and does not rely on interest-based or gambling activities. While the token can be used for speculation, this is not inherently problematic from a Shariah perspective as real asset ownership and transfer occurs. The governance utility and fee-sharing mechanism represent legitimate value propositions.
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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