Asset verdicts
Is it halal? — Verdicts on the assets people actually ask about
One-page verdicts with conditions, red flags, and links to the underlying fatwas. Useful when you want a fast, honest answer before opening a position.
Crypto
Is Bitcoin (BTC) halal?
Spot Bitcoin is treated as an acceptable digital asset by most contemporary scholars, with conditions.
Is Ethereum (ETH) halal?
Spot Ethereum follows the same rules as Bitcoin, with extra care around staking.
Is Solana (SOL) halal?
Spot SOL follows the same framework as BTC and ETH, with staking treated cautiously.
Is XRP (Ripple) halal?
Spot XRP is acceptable to most contemporary scholars; some treat it as more contested due to its centralised supply.
Stock
Is Tesla (TSLA) halal?
Tesla passes the standard AAOIFI/DJIM activity screen but the debt and interest ratios sit close to the line.
Is Apple (AAPL) halal?
Apple is broadly accepted on the activity screen but its interest income and cash holdings need watching.
Is Amazon (AMZN) halal?
Amazon's core retail and cloud businesses are permissible; screen on financial ratios before buying.
Is NVIDIA (NVDA) halal?
NVIDIA's chip business is clean and its financials comfortably pass most shariah screens.
Is Microsoft (MSFT) halal?
Microsoft passes the activity screen and most financial screens — check ratios before buying.
Is Alphabet / Google (GOOGL) halal?
Alphabet's core ad and cloud business is permissible — financial ratios usually pass.
Is Meta Platforms (META) halal?
Meta's ad business is permissible; some scholars raise concerns about platform content.
Is Netflix (NFLX) halal?
Netflix's core business is producing and distributing entertainment that includes significant impermissible content.
Is Advanced Micro Devices (AMD) halal?
AMD's chip business is clean; verify the financial screen each quarter.
Is Coinbase (COIN) halal?
Coinbase's revenue includes substantial interest from staking rewards and USDC reserve interest.
Fund
Is S&P 500 index ETF halal?
A broad S&P 500 ETF holds banks, insurers, and alcohol companies — it cannot be a halal holding.
Is Nasdaq-100 ETF (QQQ) halal?
QQQ holds non-compliant companies (banks, gambling-exposed firms) — use a halal Nasdaq ETF instead.
Is iShares Physical Gold ETC (SGLN / IGLN) halal?
A fully-allocated physical gold ETC — permissible when bought on a cash account with immediate settlement.
Commodity
Derivative
Is Gold CFD / spot rolling gold halal?
Gold CFDs never transfer ownership and roll indefinitely — they fail both ribawi and possession rules.
Is Oil CFD / WTI rolling contract halal?
Retail oil CFDs are speculative derivatives without ownership transfer — not permissible.
Is Forex CFDs halal?
Forex CFDs are price-difference contracts with no currency exchange — they fail the sarf requirements.
Is Stock options (calls and puts) halal?
Stock options are sold rights, not asset sales — they fall outside the contracts classical fiqh permits.
Is Binary options halal?
Binary options are explicit yes/no bets — definitionally maysir.
Forex
Other
Is NFTs (digital art and collectibles) halal?
An NFT of a permissible artwork or collectible can itself be permissible — speculative pumping is not.
Is Day trading halal?
Day trading itself is permissible — the ruling depends on the instruments, account type, and discipline.