Is this crypto halal? Shariah screening report
Ore
ORE
- Price
- $75.8
- Market cap
- $36.56M
- Circulating supply
- 482,298.444
- 24h change
- -1.54%
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 ORE token serves multiple utilities within its ecosystem: It's used for paying transaction fees on the ORE Network, staking for network security, and governance participation. The token is actively used for its intended purposes within the network's operations.
Honesty & Founder Intent Clear
The token distribution appears reasonable, with appropriate vesting schedules for team members and early investors. The project maintains transparency regarding token allocations and uses.
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 ORE token serves multiple utilities within its ecosystem: It's used for paying transaction fees on the ORE Network, staking for network security, and governance participation. The token is actively used for its intended purposes within the network's operations.
Business Model
The project's business model centers around providing blockchain-based identity management solutions. The platform ensures transparency in its operations and doesn't involve any prohibited activities like gambling or interest-based lending. All revenue streams come from legitimate technological services. Development and Adoption The project shows consistent development activity on GitHub and maintains regular updates to its infrastructure. While adoption is still growing, several partnerships with blockchain projects demonstrate practical implementation of the technology.
Token Distribution
The token distribution appears reasonable, with appropriate vesting schedules for team members and early investors. The project maintains transparency regarding token allocations and uses.
Rating Justification
ComfortableBased on our analysis, ORE (v2) demonstrates legitimate utility in blockchain identity management and operates without involvement in prohibited activities. The project's focus on technological infrastructure development and clear use cases aligns with Islamic principles of fair exchange and transparency. The token serves genuine utility purposes and involves actual asset ownership and value transfer. There are no elements of gambling or zero-sum games in its core operations.
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.
- corpus