Is Little John halal?
Little John is a meme coin, a token built mainly around an internet joke or community. It is issued as a token on Robinhood.
Little John fails a hard rule of our screen on the Not maysir criterion (25 out of 100). Tagged as a meme coin. Its price is driven mainly by attention and speculation, which is close to maysir.
Shariah screen result
mean of the five criteria
Nothing in its public tags points to an interest-based mechanism.
Small (market value about $17.2 million). Thin trading adds uncertainty (gharar).
Tagged as a meme coin. Its price is driven mainly by attention and speculation, which is close to maysir.
There is no asset, cash flow or service underneath the token.
It has little productive purpose beyond trading it.
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.