Is this crypto halal? Shariah screening report
Wrapped Islamic Coin
WISLM
- Price
- —
- Market cap
- —
- Circulating supply
- 3,743,055,859.079
- 24h change
- 0.00%
Report generated 8/27/2026, 6:34:29 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 WISLM is to serve as a bridge between traditional Islamic finance and decentralized finance, enabling Muslims to participate in digital asset markets while adhering to Sharia principles. The token is meant to facilitate transactions within the HAQQ ecosystem and provide a means of value transfer that aligns with Islamic financial principles.
Honesty & Founder Intent Clear
See token distribution section.
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 WISLM is to serve as a bridge between traditional Islamic finance and decentralized finance, enabling Muslims to participate in digital asset markets while adhering to Sharia principles. The token is meant to facilitate transactions within the HAQQ ecosystem and provide a means of value transfer that aligns with Islamic financial principles.
Rating Justification
ComfortableBased on our analysis, WISLM demonstrates clear utility as a Sharia- compliant digital asset, with its primary function being facilitating transactions and value transfer within the HAQQ ecosystem. The token's structure and use cases do not involve prohibited elements like riba or gambling. The charitable allocation through Evergreen DAO aligns with Islamic principles. While trading volume and speculation exist, these aspects don't make the token haram as there is real asset ownership and value transfer taking place. The underlying technology and stated use cases are permissible under Islamic law.
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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