As the crypto world continues to grow, many Muslims are looking for coins that are not only profitable — but also halal and Shariah-compliant. While not all cryptocurrencies meet Islamic finance standards, a few stand out for their ethical use, transparency, and utility.
In this blog post, Daawo Hada brings you the Top 3 halal-friendly cryptocurrencies to keep an eye on in 2025.
1. Bitcoin (BTC)
Why it's halal: Many scholars consider Bitcoin halal because it acts like a digital currency, similar to gold or money. It is decentralized, has no interest (riba), and is not connected to haram industries.
Why to watch in 2025: Bitcoin remains the most stable and widely adopted cryptocurrency. With increasing institutional adoption and ETF approvals, it’s a long-term asset worth holding — especially if you follow the “buy and hold” (HODL) halal strategy.
2. Stellar (XLM)
Why it's halal: Stellar focuses on helping people send money across borders quickly and cheaply. It supports financial inclusion — which aligns with Islamic values of fairness and economic justice.
Why to watch in 2025: Stellar is partnering with banks and digital payment platforms, especially in developing countries. This gives it real-world utility, which is a key condition for being halal.
3. Algorand (ALGO)
Why it's halal: Algorand is praised for being energy-efficient and eco-friendly — avoiding waste, speculation, or unfair advantage. It uses a unique consensus method that supports ethical blockchain development.
Why to watch in 2025: Algorand is being adopted by governments and institutions, and it powers real-world applications like digital IDs and asset tokenization. It’s one of the most promising halal-compliant smart contract platforms.
Bonus Tip: Always Check Fatwas and Scholar Opinions
Even if a coin looks halal, it's always good to check if there are Islamic finance reviews or fatwas supporting it. Halal status can sometimes change based on how the project evolves.
Final Words
Crypto investing is exciting, but as Muslims, we must stay within the limits of halal. These three cryptocurrencies — Bitcoin, Stellar, and Algorand — are a strong starting point if you’re looking to build a faithful and future-ready portfolio.
Keep learning, keep researching — and let Daawo Hada be your guide on this halal crypto journey!
Disclaimer: This blog post is for educational purposes only. Always consult with an Islamic scholar and a financial advisor before making investment decisions.