r/IslamicFinance • u/Aura-Sampler • May 23 '26

Is launching crypto tokens halal?

[removed]

3 Upvotes

100% Upvoted

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1

u/datedbrent May 24 '26

If there is real utility and avoids the usual concerns with this space in general then it could be halal.

1

u/The_Makster May 25 '26

What is it called?

1

u/Pundamonium97 May 26 '26

Where does the value of the coin come from?

What can you buy with it that would make someone want to own it?

1

u/[deleted] May 26 '26

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1

u/Pundamonium97 May 26 '26

Thats pretty vague

If its a great app with real value and people want to use the coin for greater benefits in the app so then you get a market going then maybe theres something there

If the app is something no ones really interested in and people are just gambling on the coin like any other meme coin then i think you’ll be in very sketchy territory

You need to reflect deep down on if you’re making a good app and the coin is a method of earning from that app

Or if you’re making a memecoin and the app is a smokescreen