Halal Coins - Top 50 List | Coinranking (2024)

FAQs

What are the top halal coins? ›

Most Profitable Crypto List. Pepe Unchained – Most profitable Ethereum Layer-2 meme coin. Crypto All-Stars – Highly rewarding meme coin with a 3x multiplier on staking APY. Base Dawgz – Multi-chain meme coin that offers social airdrop rewards.

Sharlife Methodology

The cryptocurrency must be legit and genuine to avoid scams. The project must adhere to Shariah rulings. For equity-backed tokens, the project must comply with financial ratio benchmarks. The utility of the token must adhere to Shariah rulings.

The 'Crypto-Halal' system

Among the major cryptocurrencies, Bitcoin, Ethereum, and Dogecoin come under the halal category, while Shiba Inu (SHIB) token, Alpha, and PancakeSwap (CAKE) are labelled haram.

Most scholars hold Terra and Luna to be halal, we also share this view.

More commonly known as Ripple, the XRP (CRYPTO: XRP) cryptocurrency seems to be in dire straits nowadays.

The safest route is sticking with established, big-cap cryptos with real-world utility and demand. I'm thinking specifically of Bitcoin (BTC-USD) and Ethereum (ETH-USD).

Some people have made literal millions off of this numismatic trade. For example, according to Smithsonian Magazine, in 2021, a seller made a record-breaking $18.9 million on a 1933 Double Eagle, an American coin.

What everyday coins are worth money? ›

Halal money is a term used to describe money earned through lawful and ethical means by Islamic principles. In Islam, the concept of halal money is closely tied to the idea of making a living through honest and hard work, while avoiding activities that are considered haram or forbidden.

Islamic banking laws are also anti-interest so the technology, pricing, and buying and selling of cryptocurrency money is deemed halal by many Islamic scholars who rely on the teachings of Prophet Muhammad PBUH when seeking guidance about permissibility (ultimately, only Allah knows best).

Focus on asset-based investments

Money should never be the subject of investment, which makes most income-based investments, such as bonds and money market funds, haram. Asset-based investments, such as real estate or fine art, focus on acquiring physical assets that hold intrinsic value.

The gold-coloured 50 halalas coin is made of brass. It has a value equivalent to 1/2 Saudi Dinar. The coin's simple design features the arms of Saudi Arabia, featuring two crossed swords and a palm tree.

The gold dinar (Arabic: ﺩﻳﻨﺎﺭ ذهب) is an Islamic medieval gold coin first issued in AH 77 (696–697 CE) by Caliph Abd al-Malik ibn Marwan. The weight of the dinar is 1 mithqal (4.25 grams or 0.137 troy ounces). The word dinar comes from the Latin word denarius, which was a silver coin.