GeneralJul 8, 2026
Is XRP halal?
48 views
Question context
XRP is one of the most widely held cryptocurrencies among Muslim investors. Community members asked for direct scholarly confirmation of CoinStudy's 86/100 Halal classification.
CoinStudy's answer
Research opinion from the CoinStudy Sharia team. Not a fatwa.
Our Shariah Board Chairman reviewed the full XRP analysis and confirmed: "This result is correct." CoinStudy classifies XRP at 86 out of 100 Halal. XRP is a payment and settlement cryptocurrency with no built-in interest mechanism at the protocol level. The primary concerns are centralization from Ripple's influence over token supply and ongoing regulatory history, both reflected honestly in the score. The chairman's confirmation validates CoinStudy's classification.
Related questions
- Pakistan's Grand Mufti ruled all cryptocurrency is haram. Does that mean I should stop all my crypto investments?
- Is Unus Sed LEO halal? Can I at least do spot trading on Bitfinex like the BNB ruling allows?
- I use Kaito Pro for crypto research. Does the Haram classification of KAITO mean I cannot use Kaito Pro as a research tool?
- KAITO token holders do not receive any share of Polymarket's betting fees or Kaito Markets trading volume. So why is holding KAITO Haram ?
- Ethereum hosts Polymarket, you classify Ethereum as Halal. Kaito only provides data to Polymarket and builds a prediction market alongside its AI platform. Why is Ethereum Halal but Kaito Haram ?