What official bodies say
- Darul Ifta, Jamia Darul Uloom KarachiPakistan · 10 Jun 2026Prohibits · on crypto in general
Cryptocurrencies, tokens and stablecoins, explicitly including USDT, are not wealth (mal), and buying them is impermissible. Signed by six muftis including Mufti Muhammad Taqi Usmani.
Dawn, 10 Jul 2026 - Majelis Tarjih dan Tajdid, MuhammadiyahIndonesia · 7 Mar 2026Permits with conditions · on crypto in general
Investing in crypto as a digital asset is permissible by default but conditional, and becomes haram where Shariah principles are breached. Crypto may not be used as money. Replaces its 2022 position, which held crypto haram.
Hukumonline, Mar 2026 - Majelis Ulama Indonesia, Ijtima Ulama VIIIndonesia · 11 Nov 2021Permits with conditions · on crypto in general
Crypto as money is haram. As a commodity it is generally not valid to trade, unless the token meets commodity conditions, has an underlying asset and a clear benefit, and is free of gharar, harm and gambling.
MUI fatwa text (PDF) - National Fatwa Council of Malaysia (Muzakarah MKI), 117th meetingMalaysia · 4 Aug 2021Permits · on crypto in general
Transactions in digital currency are permissible (harus) under conditions, including for payment, remittance and savings. Dated by Perak's adoption of the decision on 4 Aug 2021; the council's own meeting date is not published.
Jabatan Mufti Negeri Perak (PDF)
Show all 6 rulings
- Shariah Advisory Council, Securities Commission MalaysiaMalaysia · 20 Jul 2020Permits with conditions · on crypto in general
Digital currencies and tokens are property (mal). Investing in and trading them is permissible when they meet the council's requirements and trade on an SC-registered exchange; each asset needs the council's own decision.
SC Malaysia, Digital Assets from Shariah Perspective (PDF) - Diyanet, High Board of Religious AffairsTürkiye · 1 Jan 2018Prohibits · on crypto in general
Using digital currencies that carry serious uncertainty, a high risk of deception and no guarantee is not permissible. The statement sets criteria rather than banning every digital currency, and says each type should be assessed on its own.
TRT Haber, 1 Jan 2018 (primary text not published online)
Get an email when a recognised body rules on Axis Robotics
Only when a body publishes or changes a position. You confirm by email first and can stop in one click. A report of what was published, not a fatwa or advice.
Deengen does not issue fatwas or verdicts. The label counts the published positions above: Halal-leaning when two thirds or more of the bodies permit it, Haram-leaning when all prohibit it, Ikhtilaf otherwise. Ask a qualified scholar for a ruling that applies to you.
What scholars look at in Axis Robotics
- Riba-free
- Nothing in its public tags points to an interest-based mechanism.
- Clarity
- Small (market value about $24.5 million). Thin trading adds uncertainty (gharar).
- Not maysir
- Nothing in its public tags points to gambling-style mechanics.
- Asset-backing
- The token is used to pay for or secure a service people actually use.
- Use-case
- Providing data, storage or computing services is a permissible purpose.