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Bitcoin SV logo

Bitcoin SV

BSV Shariah
$64.86
-2.74% (24h)
Market Cap
$1.28B
Consensus
Proof of work
Screening
Q1 2022
Status
Shariah

Shariah Judgement

Bitcoin SV's whole ecosystem and token are very neutral. Bitcoin SV acts as a store of value, the same as Bitcoin. All the features on the network have been reviewed by our team and nothing dubious was found. This token is classified as Shariah Compliant.

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Detailed Screening Breakdown

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 the code fork of Bitcoin. It a similar to Bitcoin. 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

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Official Reference

Read the source document and verify project fundamentals.

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