Is this crypto halal? Shariah screening report
Stacks
STX
- Price
- $0.242806
- Market cap
- $440.60M
- Circulating supply
- 1,814,605,788.19
- 24h change
- -2.79%
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 purpose of Stacks is to extend Bitcoin's functionality by enabling smart contracts and DApps while leveraging Bitcoin's security and network effect. STX tokens are used for: 1) Executing smart contracts and transactions on the Stacks blockchain, 2) Participating in network consensus through PoX mining, 3) Governance participation in protocol decisions.
Honesty & Founder Intent Clear
The token distribution shows a relatively balanced allocation with vesting schedules for early investors and team members. The project maintains transparent documentation of token allocations and regularly publishes development updates. Technology and Revenue Model The core technology focuses on extending Bitcoin's utility through smart contracts. The revenue model is based on transaction fees an
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 purpose of Stacks is to extend Bitcoin's functionality by enabling smart contracts and DApps while leveraging Bitcoin's security and network effect. STX tokens are used for: 1) Executing smart contracts and transactions on the Stacks blockchain, 2) Participating in network consensus through PoX mining, 3) Governance participation in protocol decisions.
Token Distribution
The token distribution shows a relatively balanced allocation with vesting schedules for early investors and team members. The project maintains transparent documentation of token allocations and regularly publishes development updates. Technology and Revenue Model The core technology focuses on extending Bitcoin's utility through smart contracts. The revenue model is based on transaction fees and mining rewards, which represent legitimate value exchange rather than interest- based returns.
Rating Justification
ComfortableAfter analyzing Stacks (STX) against Islamic finance principles, we find that its core functionality and use cases align with halal business practices. The project demonstrates legitimate utility through its smart contract platform, does not inherently involve riba (interest), gambling, or other prohibited activities, and represents actual value exchange through its mining and transaction mechanisms. The technology serves a clear purpose in extending Bitcoin's functionality while maintaining compliance with Islamic principles of fair trade and value exchange. While there are DeFi applications built on Stacks that may individually raise concerns, the base protocol itself does not mandate or require participation in any haram activities.
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