The issue arose when they used the Lottery word in one of their features, however, we recognize that no gambling element was involved. We stick to the Islamic legal maxim "Matters shall be judged by their objectives". Other features as Staking yield, NFT collateral, NFT rental are considered neutral. ALICE classified 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 | In-game products and all features offered are neutral. The project is neutral and aligns with Shariah's rulings. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The token is mainly used to purchase in-game items. While other functions are participating in DAO voting and staking. | Passed |
| Staking Method | Proof of stake method mechanism by this protocol complies with Shariah's rulings. Staking will be rewarded by the reserve pool as an incentive for holding the token. | Passed |
Read the source document and verify project fundamentals.