Basic Attention Token
BAT#169BAT is the reward and payment token of the Brave browser: users earn it for viewing private ads and use it to support creators.
- Market cap
- $144.6M
- Volume 24h
- $27.66M
- All-time high
- —
- Circulating supply
- 1.5B of 1.5B
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 Basic Attention Token?8 Shariah criteria
8 pass · 0 caution · 0 failBAT pays no interest: there is no staking, lending or yield in its design.
Riba is interest or any guaranteed increase on a loan. BAT is earned for attention and spent on contributions and offers; holding it pays nothing and the project runs no lending. CryptoUmmah rates it riba free (88.3/100) and Sharlife, the first authoritative source that rates BAT, lists it as permissible. No interest mechanism is documented, so the criterion is at the maximum.
BAT is a utility token with a clear use in a browser used by over 120 million people.
This criterion asks whether the asset has real value as property (mal). BAT is the unit in which Brave pays users for attention and in which users reward creators, inside a browser that Brave says has over 120 million users. Sharlife lists it as permissible. The general scholarly dispute about crypto is reflected in confidence, not here, so the criterion is at the maximum.
BAT has no chance-based mechanics; it is earned for attention.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. BAT is earned by viewing ads and given to creators; there is no lottery or betting in its design. CryptoUmmah rates maysir as minor and incidental. No concrete gambling problem is documented, so the criterion is at the maximum.
Brave earns from advertising and browser services and shares ad revenue with users in BAT.
This criterion asks how the issuer earns. Brave sells advertising in its browser and search and shares part of it with users as BAT; the roadmap adds wallet, card and payment revenue that funds BAT repurchases. These are fees for services. No interest income is documented, so the criterion is at the maximum. The categories of advertisers are listed under data gaps.
Supply is fixed and Brave publishes transparency data, but the token depends on one company and its changing roadmap.
Gharar is excessive uncertainty or hidden information. Supply is fixed at 1.5 billion with over 99% circulating, and Brave publishes its BAT purchases and creator numbers. One concrete point keeps the score just below the maximum: BAT's use depends on the products and decisions of one company, and Brave itself says roadmap items may be dropped or reprioritised. CryptoUmmah rates gharar as moderate (64.9/100). Sharlife lists BAT as permissible, so the status stays pass.
BAT is used for ad rewards, creator contributions and partner offers.
This criterion looks at what the asset is actually used for. Users earn BAT for viewing ads and use it to support creators or redeem partner offers. These uses are permissible, and no prohibited use specific to the token is documented, so the criterion is at the maximum.
Fully paid spot BAT is widely available and can be self-custodied.
This criterion asks whether the asset can be owned in a permissible way. BAT trades spot on Binance, Coinbase, Upbit and other exchanges and is an ERC-20 token that can be held in a self-custody wallet. The criterion is at the maximum.
BAT pays users for their attention and funds creators while protecting privacy; no harm specific to BAT was found.
Maslahah weighs benefit against harm. Brave blocks trackers, shares ad revenue with users who consent to ads and gives creators a way to be paid. No source collected documents fraud or a hack involving BAT, so the criterion is at the maximum.
How you can use it
Tap a card for the ruling and sourcesBuying BAT 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 BAT was found in the sources collected. A product that held BAT would be judged like spot; its structure would need checking.
BAT is used for contributions to creators and offers inside the Brave ecosystem. Using it for permissible purposes there is acceptable; tier-1 bodies such as Indonesia's MUI reject crypto as general currency.
BAT has no native staking and holding it pays nothing. Exchange products advertised as BAT staking or earn pay from other sources, usually lending, and must be checked.
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 BAT through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
BAT has no reward of its own for holders, so a product promising yield on BAT takes it from lending or leverage, which is riba. Earning BAT for viewing ads is not a yield 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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