The analysis for this network is quite similar to Bitcoin but with additional features such as privacy that does not implicate any Shariah risk. We classified ARRR as Shariah Compliant.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". | Passed |
| Project | The project is similar to Bitcoin but with a privacy mode option. The project is clear from any prohibited elements. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The token can be used as a medium of exchange. | Passed |
| Staking Method | No staking. | Passed |
Read the source document and verify project fundamentals.