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Is Rain halal?

Rain is the token of a derivatives or perpetual futures platform. It is issued as a token on Arbitrum.

Rain fails a hard rule of our screen on the Not maysir criterion (15 out of 100). Tagged as betting, casino or prediction markets. This is maysir.

RAIN price
$0.00927
+12.77% 24h
Market value
$6.58B
rank #20
From all-time high
−52.4%
high $0.0195

Shariah screen result

Fails screenAutomated screen · Method v1.0 · data 16 Oct 2026
41/100
Screen index
mean of the five criteria
Riba-freeno reliance on interest
30

Tagged as derivatives, perpetuals or a synthetic asset. These usually involve leverage, funding payments or interest.

Claritylow excessive uncertainty
76

Large and widely traded (market value about $6.6 billion).

Not maysirproductive, not gambling
15

Tagged as betting, casino or prediction markets. This is maysir.

Asset-backingreal value underneath
60

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

Use-casepermissible purpose
25

Gambling is not a permissible purpose.

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.

Tags used:Gambling (GambleFi)OptionsPrediction Markets
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.