Coin verdict · gaming / Avalanche subnet · Updated 2026-04-26
Beam is a gaming-focused Avalanche subnet launched in 2023 (rebranded from Merit Circle), with BEAM as the native gas and governance token. The protocol's economic activity is gaming-token issuance, NFT marketplaces, and play-to-earn infrastructure. From an AAOIFI-aligned perspective, the gaming-protocol economics inherit the same structural concerns as individual play-to-earn games: RNG-driven rewards, tournament prize pools, and speculative NFT trait economics. Excluded.
Per AAOIFI-aligned framework, our screening shows: Per AAOIFI-aligned framework, our screening shows BEAM is excluded.
Our framework uses an AAOIFI-aligned methodology, with Saudi Permanent Committee for Scholarly Research and Ifta and public Islamic-finance references.
Spot BEAM has no embedded interest.
Gaming-protocol economics include RNG-driven mechanics across multiple games.
Aggregate gaming-economy exposure includes play-to-earn structures classified as structural maysir.
Primary economic activity is gaming-token issuance and NFT marketplaces with RNG mechanics.
BEAM has acceptable liquidity on tier-1 venues.
Per AAOIFI-aligned framework, our screening shows BEAM is excluded.
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Per AAOIFI-aligned framework, BEAM is excluded. Gaming-subnet economics inherit play-to-earn maysir concerns.
Pure cosmetic-NFT or skill-based games would require separate screening. The BEAM token verdict reflects aggregate economics.
AVAX is screened separately and reaches a permissible-with-caveats verdict.
None. BEAM is excluded.
No. Spot BEAM has no embedded yield.
Our framework follows AAOIFI standards, with Saudi Permanent Committee and leading Saudi Islamic bank guidance.
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Last updated 2026-04-26; Author: HalalCrypto Research Team. Information only — not financial or Shariah advice. Make your own taqlid choice.