Is this crypto halal? Shariah screening report
Powerledger
POWR
- Price
- $0.046639
- Market cap
- $26.50M
- Circulating supply
- 568,159,339.695
- 24h change
- 0.37%
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
Power Ledger is a blockchain-based energy trading platform that enables peer-to-peer trading of renewable energy. The POWR token serves as the platform's utility token, required for participation in the ecosystem and governance.
Honesty & Founder Intent Clear
The token distribution shows a relatively balanced allocation, with significant portions reserved for public sale and ecosystem development. The team's allocation includes vesting periods, which helps align long-term incentives.
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
Power Ledger is a blockchain-based energy trading platform that enables peer-to-peer trading of renewable energy. The POWR token serves as the platform's utility token, required for participation in the ecosystem and governance.
Current Usage
Power Ledger has established several partnerships with energy providers and communities worldwide. Notable implementations include projects in Australia, Thailand, and Japan. The platform has demonstrated practical utility in real-world scenarios, though adoption remains in early stages.
Business Model
The platform facilitates transparent energy trading between consumers, allowing excess solar power to be sold to neighbors or back to the grid. The business model is based on facilitating real transactions of actual energy assets, with the blockchain providing transparency and immutability to these trades.
Development Activity
The project maintains active development, with regular updates to their technology stack and expansion of their product suite. Their GitHub repository shows consistent activity, and they continue to release new features and improvements to their platform.
Token Distribution
The token distribution shows a relatively balanced allocation, with significant portions reserved for public sale and ecosystem development. The team's allocation includes vesting periods, which helps align long-term incentives.
Rating Justification
ComfortableBased on our analysis, Power Ledger (POWR) demonstrates legitimate utility in facilitating real-world energy trading. The platform enables the exchange of actual assets (energy) and provides clear value to its users. The business model is transparent and focuses on facilitating legitimate commerce rather than speculative trading. The project does not involve any elements of riba, gambling, or other activities prohibited under Islamic law. The token's utility is clearly defined and serves a practical purpose in the platform's 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.
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