Important reminder for our community. CoinStudy's homepage verdict is for the overall structure of a token or platform. But some ecosystems have multiple layers and each layer has a different ruling. Just like a conventional bank: Buying bank shares = Haram (bank earns from interest) Using current account for daily payments = Allowed (medium of exchange only) xStocks is a perfect example: Holding Apple or NVIDIA tokens = Halal (Chairman confirmed directly) Lending on Kamino for 5x xPoints = Haram (interest from borrowers = Riba) Pendle YT positions for highest xPoints = Haram (synthetic interest product) Arcus DEX is another example: Platform verdict = Haram (perpetual futures 50x leverage) Spot trading Apple token only = Allowed (Chairman's xStocks ruling applies) The homepage verdict tells you the overall structure. The full analysis tells you exactly what you can and cannot do within that ecosystem. Always read the complete analysis before making any decision.

ThorChain Analysis Published. What Is Permissible for Muslim Investors. Verdict = Halal With Concerns at protocol level. 1. Holding $RUNE on a spot basis as the governance and settlement token of THORChain's core cross chain swap infrastructure = Halal With Concerns ⚠️ 2. Buying and selling RUNE on spot markets = Halal With Concerns ⚠️ 3. Using THORChain to swap halal classified native assets including Bitcoin for Ethereum and similar permissible cross chain exchanges = Closer to Permissible ✅ subject to the specific asset pairs being individually permissible 4. Node operator bonding through staking approximately 300,000 RUNE to provide genuine network security service and earn variable fee based rewards = Closer to Permissible ✅ genuine service participation requirement present 5. Liquidity provision by depositing native assets and RUNE into THORChain continuous liquidity pools = Requires individual scholarly assessment ⚠️ impermanent loss mechanism and mandatory RUNE pairing create complexity requiring qualified scholar consultation before committing capital. This is a comparative jurisprudential assessment not a definitive permissibility ruling. 6. Swapping involving privacy coins including Monero and Zcash once integrated = Requires individual assessment ⚠️ the specific purpose and transaction context determine whether heightened privacy functionality is used for permissible or prohibited financial activity 7. Using THORChain to swap Haram classified assets including USDT and leveraged synthetic tokens = Haram ❌ 8. Using @THORChain for transactions involving proceeds from prohibited activities = Haram ❌ 9. RUNE in DeFi lending protocols = Haram ❌ 10. RUNE as collateral for interest-bearing loans = Haram ❌ 11. RUNE perpetual futures or leveraged derivative products on any platform = Haram ❌ Details can be read on website.

Trades Update: Two trades stopped out recently. $VIRTUAL and $RENDER both went up to 10% profit first before going down and hitting stoploss. Net P&L is 55% on CoinStudy spot trading signals.

Is Bitcoin Halal ? Analysis are updated. Activity Treatment Holding Bitcoin as store of value = Halal ✅ Buying Bitcoin on spot market = Halal ✅ Selling Bitcoin on spot market = Halal ✅ Using Bitcoin for genuine payments and commerce = Halal ✅ Receiving Bitcoin as payment for permissible services = Halal ✅ Cross-border remittance using Bitcoin = Halal ✅ Lightning Network payments for genuine commerce = Halal ✅ Bitcoin mining through genuine Proof of Work = Halal ✅ Holding Bitcoin through genuine spot ETF with no leverage = Closer to Permissible ✅ individual ETF structure assessment required Zakat on Bitcoin holdings above Nisab held full lunar year Obligatory at 2.5% of market value Depositing Bitcoin in DeFi lending protocols = Haram ❌ Using Bitcoin as collateral for interest-bearing loans = Haram ❌ Bitcoin perpetual futures on any platform = Haram ❌ Bitcoin margin or leveraged trading = Haram ❌ Conventional Bitcoin option and derivative products = Haram ❌ Interest-bearing Bitcoin savings accounts = Haram ❌ Leveraged Bitcoin ETF products = Haram ❌ Details on website.

THETA Token Analsyis Published. Activity Matrix: What Is Permissible for Muslim Investors Activity Treatment Holding THETA spot = Halal With Concerns ⚠️ Buying THETA spot = Halal With Concerns ⚠️ Selling THETA spot = Permissible ✅ Running an edge node earning TFUEL for genuine compute = Closer to Permissible ✅ Running a guardian node for consensus security = Halal With Concerns ⚠️ Stake-proportional emission concern noted pending Chairman review Earning TFUEL for genuine edge node services = Closer to Permissible ✅ Using EdgeCloud for permissible AI applications = Permissible ✅ Lending THETA for interest in DeFi = Haram ❌ Depositing THETA in DeFi lending protocols = Haram ❌ THETA perpetual futures on any platform = Haram ❌ THETA margin or leveraged trading = Haram ❌ Conventional THETA derivative products Haram ❌ pending assessment of any specific claimed Sharia-compliant structure TDROP tokens Requires separate CoinStudy assessment Engagement-based TDrop entertainment rewards = Closer to Permissible ✅ pending individual product assessment = Chance-based TDrop entertainment rewards Requires individual product assessment. Details on website.

Understanding Riba in Crypto: What Every Muslim Investor Must Know in 2026. Riba in crypto is widespread in 2026 across seven specific forms. CoinStudy identifies T-Bill stablecoin reserves, DeFi lending protocols, earn programs, perpetual futures funding rates, inflation-funded staking, prime brokerage leverage, and tokenized government bonds. GENIUS Act mandates Riba for regulated stablecoins. AAOIFI framework applied throughout. Details here: coinstudy.co/blog/understand…

iota:native analysis is being published. Scholars declared Halal with concerns. CoinStudy HCS score is 72/100 check details on website.

ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 Analysis is being updated. The project is still declared prohibited in Islam. All the red lines are being triggered. Details on website.

Understanding Maysir in Crypto: What Every Muslim Investor Must Know in 2026 detailed article is here coinstudy.co/blog/understand…

Request of Review being received from Sharia Quant: ShariaQuant raised three concerns about Ducat Protocol UNIT certification. Were these concerns valid and how did CoinStudy respond? Context: On August 18, 2026 CoinStudy's Chairman Dr. Usman Quddus formally certified Ducat Protocol UNIT as the world's first genuinely halal dollar stablecoin. The same day ShariaQuant submitted a formal seven page document raising three specific points: the 15% Liquidation Tax causing full forfeiture of borrower surplus equity, the 1% Minting Service Charge being calculated as a percentage of the loan amount, and a variable Liquidation Fee mentioned in documentation but not defined. CoinStudy sought factual clarification from Ducat Protocol founder David Evans before submitting to the Chairman. CoinStudy's answer : coinstudy.co/islamic-finance…

Update: VibeVibe (Seedify) founder reached out to CoinStudy directly after our initial analysis. We take founder engagement seriously. Here is what changed: Score updated from 66/100 to 74/100 Halal With Concerns. What the founder clarified: 1. Team allocation is near zero. Almost everything going to community. 2. Airdrop specifically designed for long term holders who went through tough times with the project. 3. Buyback and burn mechanism is bound into smart contracts tied to genuine platform growth. Not a discretionary management decision. 4. Focus is utility and infrastructure launches not gambling projects. 5. Contracts will be audited and published on the site. What did NOT change: We kept the Halal With Concerns classification because: No formal Sharia project screening requirement has been published yet. Complete tokenomics documentation is still pending publication. Formal team structure beyond the Meta Alchemist identity is still pending public disclosure. This is how CoinStudy works. Founders can engage with our analysis. Valid points get reflected. Our scholarly standards do not change. Full updated analysis: coinstudy.co/is-vibevibe-hal… @vibevibefun @meta_alchemist

VibeVibe listed on Pre Launch page. Scored 66/100 after HCS standard screening. Declared Halal with concerns.

what Muslim investors who already engaged or trying to get follow back from World ? Muslim investors who followed @world_xyz for the follow back airdrop, joined the waitlist, or received $WORLD tokens need specific and actionable guidance. following @world_xyz on twitter/X before understanding the product's nature is a neutral social activity with no compliance consequence. No prohibited transaction occurred through the follow itself. If you received $WORLD tokens through the follow back airdrop mechanism, the guidance is specific. Sell the tokens as soon as practically possible without waiting for price appreciation from narrative around the prediction market platform. Do not hold in anticipation of an official token connection announcement from World.xyz. Donate the net proceeds to charity rather than retaining them as personal income, since the token's value narrative is entirely driven by a prediction market ecosystem that is Haram classified. If you joined the World.xyz waitlist, simply do not engage with the platform when it expands access. No current financial commitment was made through waitlist registration so no unwinding is required. Simply do not use the platform's prediction market features when access becomes available. If you have used World.xyz prediction markets through the Phantom wallet integration that was active from June 1, 2026, CoinStudy recommends closing any open positions, withdrawing all funds, and consulting a qualified Islamic scholar about the purification of any profits earned from the prediction market activity.

The new trading signal has been posted on website. Token is ethereum:0x44ff8620b8ca30902395a7bd3f2407e1a091bf73 Details can be seen on the website. All the signals are accessible to everyone at free of cost.

solana:9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump declared prohibited by CoinStudy HCS screening process. The token got just 28/100 on HCS Index. Detailed analysis can be seen on website.

STABLE token downgraded. stable-2:native coin analysis is being updated and downgraded the score from 87 to 74 on HCS Index. checkout complete analysis on website.

We just posted another good airdrop opportunity on the website after preliminary screening process. HCS score = 82/100 easy step by step guide is there, join now. coinstudy.co/halal-airdrops/…

Question Received. I already bought WIF at $2 and I am down 80%. Should I sell now or hold and wait for recovery? Does holding a haram asset make my situation worse? Context. Dogwifhat fell from an all-time high of $4.84 to approximately $0.33 to $0.48 in 2026 representing over 90% decline from peak. Many investors who purchased during the 2024 meme coin boom are significantly underwater on their WIF positions. The question involves both Islamic finance guidance on what to do with a currently held haram asset and practical portfolio guidance. Answer. coinstudy.co/islamic-finance…

Question Received. DeFi Development Corporation announced WIF validator nodes on Solana sharing revenue with WIF holders. Does this make WIF halal now since it has genuine staking utility? Context. DeFi Development Corporation formerly known as Janover announced plans in 2026 to operate dogwifhat validator nodes on the Solana blockchain with generated revenue after costs to be shared with the WIF community. No operational documentation, specific distribution mechanism, legal structure, or confirmed launch date has been publicly disclosed for this program. CoinStudy has assessed Solana validator staking as closer to permissible under the Ijarah adjacent framework for genuine network security service compensation. Answer. coinstudy.co/islamic-finance…

Question Received. Does the strong WIF community give it genuine utility? Muslims participate in community activities all the time. Why is WIF community participation haram? Context. Dogwifhat has one of the largest and most active meme coin communities on Solana. The community organized the Sphere Wif Hat crowdfunding campaign raising nearly $700,000 for a Las Vegas billboard advertisement. The campaign was ultimately abandoned in April 2026. Community members actively create content, organize events, and engage on social media around WIF. The project's official tagline is literally just a dog wif a hat. Answer. coinstudy.co/islamic-finance…

Question Received. Is Dogwifhat WIF halal? It is just a fun community token on Solana with no harmful products like interest or gambling built into it. Context. Dogwifhat is a pure meme token on Solana featuring a Shiba Inu wearing a pink knitted hat. No interest mechanism, no lending protocol, no gambling product exists in the WIF token design. Fixed supply of approximately 998.9 million tokens. Anonymous founders. No whitepaper. No utility by explicit self-description. Market cap approximately $148 million as of late July 2026 after declining over 90% from the $4.84 all-time high. Answer: coinstudy.co/islamic-finance…