
CRYPTO:IBITON: Is iShares Bitcoin Trust (Ondo Tokenized) Halal?
iShares Bitcoin Trust (Ondo Tokenized)
$36.31
+0.00%
Market Cap: 42.0M
Compliance Status
Doubtful
Screened on Jul 13, 2026 · AAOIFI Standard 21
Fair
Is iShares Bitcoin Trust (Ondo Tokenized) (CRYPTO:IBITON) halal? Doubtful. Based on AAOIFI screening, iShares Bitcoin Trust (Ondo Tokenized) passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 50/100 (Grade: C+).
Business activity
Its use case and protocol mechanics are permissible.
What this means for you
You may own IBITON, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Why This Crypto Is Doubtful
- This cryptocurrency has not been fully classified. It defaults to Doubtful as a precautionary measure. Exercise caution and consult a scholar.
Consult a qualified Islamic finance scholar for a definitive ruling on this cryptocurrency.
Shariah Compliance Status
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- This cryptocurrency has not been fully classified. It defaults to Doubtful as a precautionary measure. Exercise caution and consult a scholar.
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 cryptocurrency has not been fully classified. It defaults to Doubtful as a precautionary measure. Exercise caution and consult a scholar.
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Frequently Asked Questions
Is iShares Bitcoin Trust (Ondo Tokenized) (CRYPTO:IBITON) halal to invest in?
Why did iShares Bitcoin Trust (Ondo Tokenized) get a C+ compliance rating?
What could change iShares Bitcoin Trust (Ondo Tokenized)'s Shariah verdict?
How often is iShares Bitcoin Trust (Ondo Tokenized) re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 · 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. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. 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.