
Akash Network
AKT#143Akash Network is a decentralised marketplace for cloud and GPU computing; AKT secures its proof-of-stake chain and pays for compute.
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 Akash Network?8 Shariah criteria
8 pass · 0 caution · 0 failHolding AKT pays nothing; staking rewards are variable payments for validation and carry slashing risk.
Riba is interest or any guaranteed increase on a loan. AKT has no lending or interest function at protocol level. Staking rewards come from inflation of 3–4% a year and vary with the share staked; a validator that double-signs loses 5% and one that goes offline is penalised, and delegators share that risk. This is payment for work with real risk, so the criterion is at the maximum.
AKT is the native token of a working compute marketplace.
This criterion asks whether the asset has real value as property (mal). AKT secures the Akash chain and, since March 2026, is burned to buy the compute credits tenants use. Sharlife rates it permissible, so the general scholarly debate about crypto is reflected in confidence rather than this score.
AKT is a utility token, not a game of chance.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. AKT pays for real computing services and has no lottery or meme mechanics. No coin-specific gambling feature is documented, so the criterion is at the maximum.
Akash earns from compute leases with no take rate; no impermissible income is involved.
This criterion asks how the protocol earns. Under Burn-Mint Equilibrium tenants burn AKT for compute credits and providers are paid in AKT, with no take rate; validators earn inflation rewards. No source shows interest-based or other impermissible revenue, so the criterion is at the maximum.
Rules and parameters are public on-chain, but a pending proposal would change the security model and the role of staking.
Gharar is excessive uncertainty or hidden information. Akash publishes its parameters on-chain and its changes as numbered proposals. One concrete point lowers the score within pass: AEP-79 seeks to move Akash to shared security from another Layer 1, ending its own validator set, and no partner had been chosen by August 2026. Token economics also changed in March 2026 with Burn-Mint Equilibrium.
AKT is used for compute payments, staking and governance.
This criterion looks at what the asset is actually used for. AKT is burned to pay for cloud and GPU compute, staked and used to vote. No impermissible primary use is documented, so the criterion is at the maximum.
Fully paid spot AKT is available on exchanges and DEXs and can be held and staked from a self-custody wallet.
This criterion asks whether the asset can be owned in a permissible way. AKT trades spot on centralised exchanges and on Osmosis, and it is a native coin that can be held in a self-custody wallet and staked directly. Ownership does not depend on derivatives or leverage, so the criterion is at the maximum.
Akash gives open access to cheaper compute and uses idle hardware; no concrete harm is documented.
Maslahah weighs benefit against harm. Akash lets anyone rent out spare servers and GPUs and gives developers an open alternative to large cloud providers, including confidential compute. No source shows the network being used mainly for harm, and no major security incident was found. The criterion is at the maximum.
How you can use it
Tap a card for the ruling and sourcesBuying AKT with full payment and immediate delivery is available on exchanges and DEXs, and the coins can be moved to a self-custody wallet. This is the clean way to own a HALAL-rated asset.
No AKT exchange-traded fund was found as of 1 October 2026. A product that holds AKT itself and does not lend it would be judged like spot; its structure would need to be checked.
AKT is burned to buy compute credits, which is a service payment, but it is not used as general money. Tier-1 bodies such as Indonesia's MUI rule that using cryptocurrency as currency is not permissible.
Native staking pays variable rewards from inflation for validating the network, and stakers share slashing penalties (5% for double-signing); unbonding takes 21 days. This is payment for work with risk. Custodial products that promise a fixed return should be checked.
Margin trading in AKT is offered by some exchanges but is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
AKT futures and perpetuals are offered by derivatives exchanges, but futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending AKT through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
Yield products beyond native staking, such as liquid staking tokens used in lending markets or exchange earn accounts, may get their return from lending and must be checked; lending-based yield fails.
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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