Is WrappedM by M0 (CRYPTO:WM) halal? Doubtful. Based on AAOIFI screening, WrappedM by M0 passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 50/100 (Grade: C+).

WrappedM by M0

CRYPTO:WM: Is WrappedM by M0 Halal?

Doubtful

WrappedM by M0

CryptoCryptocurrencyGlobal

$1.00

-0.01%

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

AAOIFI Standard 21Updated Jun 16, 2026
C+

Fair

Some financial ratios approaching limits

50Score

Business Activity Screen

Passed

Checks 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.

Screened: Jun 16, 2026Fiscal: N/ASource: COINGECKO

Purify Your CRYPTO:WM Dividends

Calculate your purification amount for CRYPTO:WM dividends based on AAOIFI standards.

Financial Overview

Market Cap

85.6M

Price

$1.00

Sector

Cryptocurrency

Industry

Digital Assets

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Frequently Asked Questions

Is WrappedM by M0 (CRYPTO:WM) halal to invest in?
WrappedM by M0 (CRYPTO:WM) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did WrappedM by M0 get a C+ compliance rating?
WrappedM by M0's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change WrappedM by M0's Shariah verdict?
WrappedM by M0's verdict could change if the protocol's primary use case or tokenomics shift. For example, if staking mechanisms gain or lose interest-like characteristics, or if governance votes alter the network's fundamental activity. HalalScreener monitors these qualitative factors and updates when significant changes occur.
How often is WrappedM by M0 re-screened for Shariah compliance?
Crypto assets on HalalScreener are reviewed qualitatively whenever material protocol changes occur (major upgrades, tokenomics changes, governance decisions). There is no fixed frequency; HalalScreener monitors announced changes and updates verdicts when the underlying facts shift. The last review date is shown above.

Screened according to AAOIFI Standard No. 21 路 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.