Not halal
Best to avoid this one.
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Here's how we reached that verdict for the ONDOUSDT spot pair on Binance, last checked 2026-06-26 (12 Muharram 1448 AH).
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Ondo Finance — tokenised T-bill platform; governance over riba product line.
Citation: AAOIFI SS-21 §4.1 riba (near-universal scholar consensus).
0 of 5 criteria met for ONDO — expand for the breakdown.
Business model permissibility
The project's core economic activity must be permissible — no dominant revenue from prohibited sectors.
Derived from the published verdict (no per-gate record for this asset).
Underlying asset (utility vs pure speculation)
The token must represent a defined, verifiable asset or utility rather than uncertainty traded for its own sake.
Derived from the published verdict (no per-gate record for this asset).
Token sale structure (no riba)
Issuance and protocol mechanics must not embed an interest mechanism or riba-bearing lending yield.
Derived from the published verdict (no per-gate record for this asset).
Governance (no gharar in operations)
Supply schedule, settlement, and decision-making must be transparent enough to exclude excessive contractual uncertainty.
Derived from the published verdict (no per-gate record for this asset).
Use case (halal industry only)
The asset's dominant documented use must sit in permissible industries — no established haram-sector association.
Derived from the published verdict (no per-gate record for this asset).
HalalCrypto's framework is AAOIFI-aligned; we do not hold certification from any single body. Verdicts are educational opinion — consult your local scholar for binding rulings.
Mufti Taqi Usmani — Sharia Advisor / Islamic Finance Council
Rules impermissibleRuling date: 2024-02-01
These references are an editorial mapping of publicly published positions — not a per-coin fatwa issued for this asset. Consult your local scholar for binding rulings.
Step 1
Start with the current HalalCrypto verdict for Ondo (ONDO) and the recorded review date.
Step 2
Review riba, gharar, maysir, and sector outcomes before relying on the headline status.
Step 3
Use spot-only holding or trading context. Exclude leverage, futures, margin, staking yield, and lending routes.
Step 4
Run ONDO in the live screener before acting so stale or changed records are caught.
If you were considering Ondo and want something HalalCrypto has already cleared, start with these.
Halal — ApeCoin; ecosystem utility; no interest; gaming/metaverse
Halal — Utility token for music streaming platform with fee-based model.
Bitcoin Cash (BCH) is permissible for spot trading. Category: Payments / Bitcoin fork. Authority: Editorial mapping (PoW payments fork). The native token derives value from network utility (gas, settlement, staking, or service fees) with no protocol-level interest mechanism and no structural exposure to haram industries. HalalCrypto excludes staking yield, liquid-staking derivatives, futures, and margin from automated trading by policy regardless of the underlying spot verdict.
Halal — PoS mobile L1; fee-based; no interest mechanism
Cleared for spot holding under the same four-gate screen.
Fails at least one gate — best avoided for spot holding.
هذه العملة محرمة — لا نعرض إعلانات التداول على الأصول المحرمة
This asset is haram — we do not show trading ads for prohibited assets
Run a live screen on ONDO
Type the symbol into the live screener for an up-to-the-minute verdict plus the four-gate breakdown. No signup needed.
HalalCrypto publishes verdicts as educational opinion drawn from HalalCrypto's AAOIFI-aligned framework and screened public scholar references. Verdicts are not personal advice. Always consult your local scholar for binding rulings.