Is this crypto halal? Shariah screening report
XDC Network
XDC
- Price
- —
- Market cap
- —
- Circulating supply
- —
- 24h change
- —
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
XDC Network (formerly XinFin) is an enterprise-ready blockchain platform that aims to bridge the global infrastructure financing gap. It specifically targets trade finance, global payments, and supply chain management use cases. The platform uses a modified version of Ethereum's codebase with a unique consensus mechanism called Delegated Proof of Stake + Byzantine Fault Tolerance (XDPoS).
Honesty & Founder Intent Clear
Initial token distribution included: 15% to founding team (with multi-year vesting), 25% for ecosystem development, and 60% through various sale rounds. The vesting schedule for team tokens indicates commitment to long- term development rather than short-term gains.
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
XDC Network (formerly XinFin) is an enterprise-ready blockchain platform that aims to bridge the global infrastructure financing gap. It specifically targets trade finance, global payments, and supply chain management use cases. The platform uses a modified version of Ethereum's codebase with a unique consensus mechanism called Delegated Proof of Stake + Byzantine Fault Tolerance (XDPoS).
Current Usage
The XDC token serves multiple purposes within the ecosystem: transaction fees, validator staking, and governance. The network has established partnerships with financial institutions and trade organizations, including TradeFinex, which uses the XDC Network for trade finance digitization. Major use cases include: документарные аккредитивы (trade finance instruments), cross-border payments, and supply chain traceability. The platform demonstrates real utility in facilitating legitimate trade finance operations. Development and Adoption The project maintains active development, with regular github commits and ecosystem updates. Notable partnerships include R3 Corda, ISO 20022, and various financial institutions. The network has over 108 masternodes operating globally.
Token Distribution
Initial token distribution included: 15% to founding team (with multi-year vesting), 25% for ecosystem development, and 60% through various sale rounds. The vesting schedule for team tokens indicates commitment to long- term development rather than short-term gains.
Rating Justification
ComfortableBased on our analysis, XDC Network demonstrates legitimate utility in trade finance and cross-border payments, with real-world implementation and partnerships. The project's focus on regulated financial activities and trade finance aligns with Islamic principles of facilitating legitimate commerce. The token serves clear utility purposes within the ecosystem, and the platform's core activities do not involve prohibited elements like riba or gharar. The presence of vesting periods for team tokens and continuous development activity suggests a legitimate long-term project rather than a scheme to enrich founders.
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
Kaia KAIA
UnclearUnclear — Due to the lack of verifiable information about this cryptocurrency, I cannot make a determination about its Sharia compliance status. A proper assessment would
Open reportNeo NEO
ComfortableComfortable — Based on our analysis, Neo demonstrates legitimate utility through its smart contract platform and digital asset management capabilities. The project maintains
Open reportStellar XLM
ComfortableComfortable — Based on our analysis, Stellar (XLM) demonstrates legitimate utility in facilitating cross-border payments and currency exchange. The platform's core functional
Open reportNone ELF
ComfortableComfortable — Based on our analysis, aelf (ELF) demonstrates clear utility as a blockchain infrastructure platform. The token serves legitimate purposes within the ecosystem
Open reportAIOZ Network AIOZ
ComfortableComfortable — Based on our analysis, AIOZ Network demonstrates legitimate utility in providing decentralized content delivery infrastructure. The project's focus on technical
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