Is SingularityNET (AGIX) Halal or Haram?
Last screened: April 2026 · Reviewed against AAOIFI Shariah Standards
✅
HALAL — SingularityNET
Decentralized AI services marketplace — developers publish AI tools and earn AGIX
Screening Criteria
- Real utility — AI services marketplace ✅
- No gambling mechanism ✅
- No interest-bearing structure ✅
- Service-for-payment model ✅
- Genuine AI technology development ✅
Scholar’s Note
SingularityNET creates a marketplace for AI services where providers earn AGIX for their work. This is a legitimate service exchange. Islamic scholars generally consider AGIX halal — it represents compensation for genuine AI development work.
⚠ This screening is for educational purposes only. For a binding religious ruling (fatwa), please consult a qualified Islamic scholar (mufti) familiar with your specific circumstances.
Our Screening Methodology
We screen every cryptocurrency against 5 criteria derived from AAOIFI Shariah Standards and scholarly consensus:
- ✓ No Riba — No interest-bearing mechanisms or yield that resembles usury
- ✓ No Gharar — No excessive uncertainty or deception in the token’s structure
- ✓ No Maysir — No gambling mechanics or purely speculative mechanisms
- ✓ Genuine Utility — The asset serves a real economic or technological purpose
- ✓ Halal Business — The underlying project does not facilitate haram activities
Related HALAL Coins