Is this crypto halal? Shariah screening report
Radix
XRD
- Price
- $0.000866
- Market cap
- $11.71M
- Circulating supply
- 13,522,397,951.154
- 24h change
- -4.77%
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
Radix (XRD) is a layer-1 blockchain platform specifically designed for DeFi applications. The XRD token serves as the native currency of the Radix network, used for transaction fees, staking, and network security through its Proof-of-Stake consensus mechanism. Technology and Development Radix implements a unique 'Component Catalog' that allows developers to build DeFi applications using pre-audit
Honesty & Founder Intent Clear
The token distribution includes allocations for the Radix Foundation, team members, and public sale participants. Vesting schedules are in place for team and foundation tokens. The project maintains transparency regarding token economics and distribution.
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
Radix (XRD) is a layer-1 blockchain platform specifically designed for DeFi applications. The XRD token serves as the native currency of the Radix network, used for transaction fees, staking, and network security through its Proof-of-Stake consensus mechanism. Technology and Development Radix implements a unique 'Component Catalog' that allows developers to build DeFi applications using pre-audited building blocks. The platform utilizes Cerberus, a consensus protocol that enables parallel processing of transactions for improved scalability.
Development Activity
Regular updates and improvements to the protocol demonstrate ongoing development effort. The project maintains active GitHub repositories and documentation. The development team regularly communicates progress through official channels.
Token Distribution
The token distribution includes allocations for the Radix Foundation, team members, and public sale participants. Vesting schedules are in place for team and foundation tokens. The project maintains transparency regarding token economics and distribution.
Rating Justification
ComfortableAfter analyzing Radix (XRD) against Islamic finance principles, we find the base protocol to be aligned with halal requirements. The token serves legitimate utility purposes including network security, transaction fee payment, and platform governance. The underlying technology facilitates asset exchange and value creation through its smart contract platform. While some DeFi applications built on Radix may involve non-compliant activities, the base protocol itself does not inherently involve riba or gambling. Users should evaluate individual applications built on Radix separately for compliance.
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.
Comparable assessments
Aptos APT
ComfortableComfortable — After analyzing Aptos against Islamic finance principles, we find that its core functionality as a smart contract platform and its use of Proof-of-Stake consens
Open reportAstar ASTR
ComfortableComfortable — Based on our analysis, Astar demonstrates legitimate utility through its smart contract platform and cross-chain infrastructure. The project shows real developm
Open reportChiliz CHZ
ComfortableComfortable — After analyzing Chiliz (CHZ) through an Islamic finance lens, we find that the token's primary utility in facilitating fan engagement and sports-related transac
Open reportConcordium CCD
ComfortableComfortable — After analyzing Concordium's structure and operations, we find that its core functions align with Islamic principles. The platform provides real utility through
Open reportEcash XEC
ComfortableComfortable — From a Shariah compliance perspective, eCash demonstrates several positive attributes: 1) It functions as a legitimate medium of exchange and store of value, 2)
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.
- corpus