Is Shiba Inu halal?

Shiba Inu is a meme coin, a token built mainly around an internet joke or community. It is issued as a token on Ethereum.

Shiba Inu fails the Deengen Shariah screen.

SHIB price

$0.00000513

+2.64% 24h

Market value

$3.02B

rank #37

From all-time high

−94.1%

high $0.0000862

Shariah screen result

Fails screenReviewed by Deengen · Method v1.0 · as of 12 Oct 2026

44/100

Screen index
mean of the five criteria

Riba-freeno reliance on interest

Claritylow excessive uncertainty

Not maysirproductive, not gambling

Asset-backingreal value underneath

Use-casepermissible purpose

Minimal fundamental backing or use-case; predominantly speculative.

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.

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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.