CRYPTO:FOLKS: Is FOLKS Halal?
FOLKS
$2.36
+1.03%
Market Cap: 42.5M
Compliance Status
Not Halal
Screened on Sep 28, 2026 · Published scholarly opinion
Non-Compliant
Is FOLKS (CRYPTO:FOLKS) halal? Not Halal. Screened on what the coin does, FOLKS involves prohibited activities in its use case or protocol with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates FOLKS (FOLKS) Not Halal, 0/100, grade F under published scholarly opinion (AAOIFI has no crypto standard), screened Sep 28, 2026. Source: https://halalscreener.app/en/stock/CRYPTO%3AFOLKS
Business activity
Its use case or protocol involves prohibited activities.
What this means for you
Most scholars advise not holding FOLKS
Its use case or protocol involves prohibited activities.
See halal alternatives from the same sector further down this page
Get an email if CRYPTO:FOLKS's halal status changes
We re-screen FOLKS daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why CRYPTO:FOLKS is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- This token belongs to a lending and borrowing protocol that pays and charges interest on crypto deposits and loans, which is riba.
Screening Methodology
Cryptocurrencies are screened qualitatively based on their primary use case, underlying protocol mechanics, and involvement in prohibited activities. Financial ratio screening (AAOIFI) does not apply to crypto assets as they lack traditional financial statements.
This token belongs to a lending and borrowing protocol that pays and charges interest on crypto deposits and loans, which is riba.
Category: Lending Protocol
Halal Alternatives in Cryptocurrency
This coin is not Shariah-compliant. Here are halal alternatives from the same category, ranked by compliance score:
More Cryptocurrency Stocks
Track CRYPTO:FOLKS and 8,200+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is FOLKS (CRYPTO:FOLKS) halal to invest in?
Why did FOLKS get a F compliance rating?
What could change FOLKS's Shariah verdict?
How often is FOLKS re-screened for Shariah compliance?
Screened on what the coin does, under published scholarly opinion. No AAOIFI crypto standard exists · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. A coin is evaluated on what it does (its network, its protocol and the platform behind it) under published scholarly opinion. No AAOIFI crypto standard exists, and financial ratio screens do not apply to coins. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.