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Is KOGE halal?

KOGE is a crypto token whose public tags give little detail about what it does. It is issued as a token on BNB Chain.

KOGE does not clear every threshold of our screen. Its weakest point is the Asset-backing criterion (60 out of 100). Its tags do not describe a clear asset or service underneath the token.

KOGE price
$63.38
+0.04% 24h
Market value
$214.2M
rank #175
From all-time high
−55.2%
high $141.45

Shariah screen result

Needs reviewAutomated screen · Method v1.0
67/100
Screen index
mean of the five criteria
Riba-freeno reliance on interest
74

Nothing in its public tags points to an interest-based mechanism.

Claritylow excessive uncertainty
64

Fairly small (market value about $214 million). Smaller markets move more easily.

Not maysirproductive, not gambling
72

Nothing in its public tags points to gambling-style mechanics.

Asset-backingreal value underneath
60

Its tags do not describe a clear asset or service underneath the token.

Use-casepermissible purpose
64

Its purpose is not clear from public data.

How this was made: we scored the coin's public category tags and market size against the same five criteria and thresholds we use in our reviewed screen. Nobody has yet read its whitepaper or checked its revenue. This is a screening result, not a fatwa. Scholars may reach different views, so check with a qualified scholar before relying on it.

A screening result, automatic or reviewed, reflects our published method on the date shown. It is not a fatwa and not a recommendation to buy, sell or hold any asset. Where scholars differ, consult a qualified scholar. Crypto involves substantial risk, including the loss of your capital. Market data from CoinGecko may be delayed or wrong.

Education, not financial or religious advice. Capital at risk.