
AIOZ Network
AIOZ#171AIOZ is the token of AIOZ Network, a blockchain and node network that offers decentralised storage, video streaming and AI computing.
Passes all 8 Shariah criteria.
- 8 pass
- 0 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold AIOZ Network?8 Shariah criteria
8 pass · 0 caution · 0 failHolding AIOZ pays nothing; staking rewards are variable pay for validation, and validators and delegators both face slashing.
Riba is interest or any guaranteed increase on a loan. AIOZ staking rewards come from inflation and fees and are paid for securing the network. The amount varies, and if a validator misbehaves both it and its delegators lose part of their stake, with a 4-week unbonding period. That is shared risk, not a loan with a fixed return. Sharlife, the first authoritative source that rates AIOZ, lists it as permissible. No interest mechanism is documented, so the criterion is at the maximum.
AIOZ is the native token of a working chain and pays node operators for storage, streaming and computing.
This criterion asks whether the asset has real value as property (mal). AIOZ pays transaction fees, is staked to secure the chain and rewards the nodes that store and deliver data. Sharlife lists it as permissible. The general scholarly dispute about crypto is reflected in confidence, not here, so the criterion is at the maximum.
AIOZ is a utility token with no chance-based mechanics.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. AIOZ rewards measurable work by nodes and validators and has no lottery or betting feature. No concrete gambling problem is documented, so the criterion is at the maximum.
The network earns from storage, streaming, pinning and AI services.
This criterion asks how the project earns. AIOZ infrastructure revenue comes from customers who pay for storage, streaming, pinning and AI computing; 5% of these revenues is burned. No interest income or other impermissible revenue is documented, so the criterion is at the maximum.
Inflation and burn rules are published, but half of new tokens go to a treasury and independent audit evidence is weak.
Gharar is excessive uncertainty or hidden information. The inflation schedule, the split of new tokens and the burn rules are published. Two concrete points keep the score below the maximum: half of all newly issued AIOZ goes to a treasury spent at the project's discretion, and CryptoUmmah scores audit quality at 50 out of 100 and rates gharar as moderate. Sharlife still lists AIOZ as permissible, so the status stays pass.
AIOZ is used for storage, streaming and AI services, fees and staking.
This criterion looks at what the asset is actually used for. The network stores and delivers files and video and runs AI models; AIOZ pays for and rewards that work. These uses are permissible and no prohibited use specific to the network is documented, so the criterion is at the maximum.
Fully paid spot AIOZ is available on major exchanges and can be self-custodied.
This criterion asks whether the asset can be owned in a permissible way. AIOZ trades spot on Coinbase, HTX, Bybit, KuCoin and others, and can be held in a self-custody wallet on its own chain, Ethereum or BNB Chain. The criterion is at the maximum.
The network gives cheaper storage and delivery and pays ordinary people for spare resources; no harm specific to AIOZ was found.
Maslahah weighs benefit against harm. AIOZ lets people earn from spare storage, bandwidth and computing power and gives apps an alternative to centralised cloud services. No source collected documents fraud or a hack involving AIOZ, so the criterion is at the maximum.
How you can use it
Tap a card for the ruling and sourcesBuying AIOZ with full payment and immediate delivery is available on exchanges, and the tokens can be held in self-custody.
No exchange-traded fund or product holding AIOZ was found in the sources collected. A product that held AIOZ would be judged like spot; its structure would need checking.
AIOZ pays fees and services inside the AIOZ Network. Using it for permissible services there is acceptable; tier-1 bodies such as Indonesia's MUI reject crypto as general currency.
Staking AIOZ with validators earns a variable share of inflation and fees for securing the network, and validators and delegators both risk slashing. It is not a loan.
Margin trading is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
Futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending AIOZ through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
Native staking is acceptable, but third-party AIOZ yield products often get their return from lending, which fails. Check the source of return of each product.
Scholars quotes
The opinion on this is the same as doing the same with any halal assets such as shares – 1) is permissible, 2) is more debatable and there are differing opinions on short-term trading.As I mentioned at the beginning of this article it is not necessary to substantiate the permissibility of something as long as there are no prohibited factors involved in it or surrounding it.Penggunaan cryptocurrency sebagai mata uang hukumnya haram, karena mengandung gharar (ketidakjelasan), dharar (bahaya) dan bertentangan dengan Undang-Undang nomor 7 tahun 2011 tentang Mata Uang dan Peraturan Bank Indonesia nomor 17 tahun 2015 tentang Kewajiban Penggunaan Rupiah di Wilayah Negara Kesatuan Republik Indonesia.Sebagaimana mata wang yang lain, mata wang digital hendaklah tidak digunakan sebagai bayaran kepada barangan, perkhidmatan dan aktiviti tidak patuh Syariah seperti pembelian dadah, pelacuran, perjudian dan pendanaan aktiviti keganasan serta penggubahan wang haram.The SAC has also resolved that investment and trading of Digital Assets that fulfil the above requirements and which are traded on Digital Asset Exchange (DAX) registered with SC are permissible.Third: In light of the above and given the significant risks associated with this type of currencies and the instability of their transactions, the Council of the Academy recommends pursuing research and studies on issues affecting its ruling.Bitcoin is a digital currency that does not meet the legal and Sharia criteria that make it a currency subject to the rulings of dealing with official legal currencies recognized internationally.بناءً على ذلك: فلا يجوز شرعًا تداول عملة "البتكوين" والتعامل من خلالها بالبيعِ والشراءِ والإجارةِ وغيرها، بل يُمنع من الاشتراكِ فيها؛ لعدمِ اعتبارِها كوسيطٍ مقبولٍ للتبادلِ من الجهاتِ المخُتصَّةِ، ولِمَا تشتمل عليه من الضررِ الناشئ عن الغررِ والجهالةِ والغشِّ في مَصْرِفها ومِعْيارها وقِيمتها، فضلًا عما تؤدي إليه ممارستُها من مخاطرَ عاليةٍ على الأفراد والدول.According to research and opinion of experts so far, cryptocurrency is not considered ‘ maal ’ (wealth) in Sharia.Muhammadiyah memandang transaksi dan investasi kripto pada dasarnya mubah (boleh) tetapi dengan syarat tertentu.Our current position is 'tawaquf'; we can't say it is halal or haram, but we say it is better not to engage in itAI-assisted analysis checked against sources. Not a fatwa or investment advice.
Where it trades
Section in preparation
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