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Is Filecoin halal?

Filecoin is a decentralised storage network.

Filecoin meets the Deengen Shariah screen.

FIL price
$1.02
−2.50% 24h
Market value
$848.4M
rank #84
From all-time high
−99.6%
high $236.84

Shariah screen result

Meets screenReviewed by Deengen · Method v1.0 · as of 12 Oct 2026
75/100
Screen index
mean of the five criteria
Riba-freeno reliance on interest
84
Claritylow excessive uncertainty
72
Not maysirproductive, not gambling
62
Asset-backingreal value underneath
74
Use-casepermissible purpose
82

Decentralised storage with a tangible service use-case; no interest in the token.

Reviewed by our team under our published method. This is a screening result, not a fatwa. Scholars may reach different views.

Securities Commission Malaysia: not on the Shariah-compliant digital currencies list.

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.