Is this crypto halal? Shariah screening report

Xai

XAI

Comfortable

Price: $0.007680
Market cap: $16.13M
Circulating supply: 2,099,653,286.696
24h change: 3.14%

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 utility of XAI includes governance rights over the protocol, transaction fee payments, and participation in the gaming ecosystem. The token is intended to be used for purchasing in-game assets, paying for network fees, and participating in protocol governance.

Honesty & Founder Intent Clear

The token distribution includes allocations for ecosystem growth, development team, and community initiatives. There are vesting schedules in place for team tokens, showing consideration for long-term project sustainability.

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

Business Model

The project focuses on providing blockchain infrastructure for gaming applications, with a clear emphasis on legitimate gaming use cases rather than gambling. The platform aims to support game developers and players with faster, more cost-effective transactions compared to existing blockchain gaming solutions. Development and Adoption The project launched in late 2023 and is still in its early stages. The development team is actively working on the infrastructure, with regular updates and improvements to the protocol. While adoption is currently limited, this is expected for a newly launched project.

Token Distribution

Rating Justification

Comfortable

Sharia Compliance Assessment The fundamental utility of XAI as a gaming infrastructure token and governance mechanism aligns with halal principles. The project does not involve interest-bearing mechanisms or gambling-based games. The exchange of tokens represents real utility through network usage and governance rights. While the project is in early stages, the core business model and intended use cases are permissible from an Islamic finance perspective. The focus on gaming infrastructure development, rather than gambling or interest-based activities, supports its classification as Sharia-compliant.

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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