Is this crypto halal? Shariah screening report
Zilliqa
ZIL
- Price
- $0.002543
- Market cap
- $51.16M
- Circulating supply
- 20,121,252,562.605
- 24h change
- -1.73%
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
Zilliqa is a layer-1 blockchain platform designed to address scalability through sharding technology. It aims to enable high-throughput applications while maintaining decentralization and security. The ZIL token serves multiple purposes: paying transaction fees, staking for network security, and governance participation. Platform Features and Development The network supports smart contracts writt
Honesty & Founder Intent Clear
The initial token distribution allocated 30% to the mining rewards, 40% to the team and early contributors (with vesting schedules), and 30% to the ecosystem. The project maintains transparent communication about development progress through regular updates and community governance. Revenue Model and Operations The platform generates revenue through transaction fees, which are distributed to vali
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
Zilliqa is a layer-1 blockchain platform designed to address scalability through sharding technology. It aims to enable high-throughput applications while maintaining decentralization and security. The ZIL token serves multiple purposes: paying transaction fees, staking for network security, and governance participation. Platform Features and Development The network supports smart contracts written in Scilla, a security-focused programming language. Current use cases include decentralized applications (dApps), NFT marketplaces, and Web3 gaming. Zilliqa has implemented phased sharding, allowing theoretical throughput of over 2,800 transactions per second. Real World Adoption Zilliqa has established partnerships in various sectors including gaming, metaverse projects, and digital advertising. Notable developments include Metapolis, a metaverse-as-a-service platform, and collaborations with esports organizations. The ecosystem includes DEXes like ZilSwap and NFT marketplaces.
Token Distribution
The initial token distribution allocated 30% to the mining rewards, 40% to the team and early contributors (with vesting schedules), and 30% to the ecosystem. The project maintains transparent communication about development progress through regular updates and community governance. Revenue Model and Operations The platform generates revenue through transaction fees, which are distributed to validators and stakers. The staking mechanism is based on Proof-of-Stake principles, where token holders can participate in network security without interest-based returns.
Rating Justification
ComfortableFrom a Shariah compliance perspective, Zilliqa demonstrates legitimate utility as a blockchain platform with real technological applications. The network's core functions of processing transactions, supporting smart contracts, and enabling decentralized applications align with halal principles. The staking mechanism provides rewards based on network participation rather than interest-bearing loans. The project shows transparency in its operations and development, with clear technological goals and ongoing platform improvements. While speculation exists in the secondary market, the fundamental exchange of the ZIL token represents actual ownership of network utility.
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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