Is this crypto halal? Shariah screening report
Shuffle
SHFL
- Price
- $0.298405
- Market cap
- $140.61M
- Circulating supply
- 471,213,287.956
- 24h change
- 3.42%
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 stated purpose of SHFL is to serve as the in-game currency for the Shuffle card game platform, allowing users to purchase cards, participate in tournaments, and trade with other players. The token is also used for governance purposes, allowing holders to vote on game mechanics and future development decisions.
Honesty & Founder Intent Clear
The token distribution includes allocations for the development team (20%), gaming rewards (40%), community treasury (25%), and initial sale (15%). Team tokens are subject to a 2-year vesting period with quarterly unlocks, indicating a long-term commitment to the project.
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 stated purpose of SHFL is to serve as the in-game currency for the Shuffle card game platform, allowing users to purchase cards, participate in tournaments, and trade with other players. The token is also used for governance purposes, allowing holders to vote on game mechanics and future development decisions.
Business Model
The business model revolves around gaming and digital collectibles, which are permissible activities under Islamic principles as they involve the exchange of digital assets with real utility. The platform does not involve interest-based mechanisms, gambling (as defined by zero-sum games of pure chance), or other prohibited activities. Development and Adoption The project is in its early stages, with the basic framework of the card game implemented. The development team maintains regular updates to the platform, though current adoption remains limited. This limited adoption does not impact the halal status of the project.
Token Distribution
The token distribution includes allocations for the development team (20%), gaming rewards (40%), community treasury (25%), and initial sale (15%). Team tokens are subject to a 2-year vesting period with quarterly unlocks, indicating a long-term commitment to the project.
Rating Justification
ComfortableAfter analyzing Shuffle (SHFL) based on Islamic finance principles, we find that the core utility of the token - facilitating card gaming and digital collectibles trading - is permissible. The project demonstrates clear utility through its gaming platform, and the token serves legitimate purposes within this ecosystem. The business model does not involve any inherently prohibited activities such as interest-based lending or gambling. The gaming mechanics are skill-based rather than pure chance, and there is a genuine exchange of digital assets with utility. While adoption is currently limited and the project is still in development, these factors do not affect its permissibility from an Islamic perspective.
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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