Cheems (cheems.pet)
CHEEMS#197Cheems is a dog meme token on BNB Smart Chain with no product; it is held and traded for its community and meme appeal.
Does not clear all 8 Shariah criteria. Needs caution: excessive uncertainty (gharar). Fails: nature of the asset, gambling (maysir), and usage.
- 4 pass
- 1 caution
- 3 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold Cheems (cheems.pet)?8 Shariah criteria
4 pass · 1 caution · 3 failHolding CHEEMS pays nothing: the token has no staking, interest or fee-sharing function.
Riba is interest or any guaranteed increase on a loan. CHEEMS is a plain BEP-20 token; the project states it has no tax income and no sources of income at all, so holding it produces no return. CryptoUmmah scores riba 45/100 but names no interest mechanism in the token. With no interest in the asset itself, the criterion is at the maximum; lending CHEEMS through third parties is interest and is covered under trading mechanisms.
CHEEMS is a picture-based meme token with no product, function or rights behind it.
This criterion asks whether the asset has real value as property (mal). CHEEMS has no whitepaper, no code repository and no app or service that uses it; the project itself lists its uses as 'swap, invest, and any ecosystem project'. CryptoUmmah, the first authoritative source that rates Cheems, finds that it performs no function beyond transfer and trade and rates it Haram. The lack of any function is a coin-specific weakness, so the criterion fails.
CHEEMS's price is driven by meme sentiment, so gains come from other buyers and not from value creation.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. CHEEMS has no use beyond holding and trading, so its return depends on others paying more later. CryptoUmmah scores maysir 20/100 and cites descriptions of it as a 'primarily speculative meme token'. Its history shows this: the price jumped more than 50% in a week around its Binance listing in February 2025, and on 1 October 2026 it was about 75% below its March 2025 high. The criterion fails.
There is no issuer business or protocol income, so no impermissible revenue reaches holders.
This criterion asks how the issuer or protocol earns and whether any of that income is impermissible. The project states it has no tax income, no team reserves and no sources of income. No source shows income from interest, gambling or other prohibited activity, so the criterion is at the maximum; the lack of function is counted under nature of the asset and usage.
The team is anonymous, there is no named audit, and supply figures differ between sources.
Gharar is excessive uncertainty or hidden information. CryptoUmmah finds 'no verifiable team, contradictory tokenomics, and unaudited contracts' and scores gharar 27.5/100; it also notes that the Cheems name is reused on several unrelated chains. CoinMarketCap shows a CertiK rating of 3.7 (the page does not state the scale), and CoinMarketCap and CoinGecko give different max supply figures. On the other side, the project states it has no tax and no team reserves. These are concrete uncertainties, so the criterion is at caution.
CHEEMS is used only for speculative holding and trading.
This criterion looks at what the asset is actually used for. CHEEMS is not used for payments, services or network fees; its activity is trading on exchanges and community promotion such as social media campaigns and charity drives. CryptoUmmah finds no function beyond transfer and trade. With speculation as practically its only use, the criterion fails.
Fully paid spot CHEEMS is available on exchanges and can be held in any BNB Smart Chain wallet.
This criterion asks whether the asset can be owned in a permissible way. CHEEMS trades spot with full payment and delivery, including on Binance since February 2025, and it is an ordinary BEP-20 token that can be held in self-custody. Ownership does not depend on derivatives or leverage, so the criterion is at the maximum.
No concrete fraud or hack by the project is documented; the harm of meme speculation is counted under gambling.
Maslahah weighs benefit against harm. No source collected documents fraud, a hack or a team dump involving the cheems.pet token, and the community has funded donations to animal shelters. Its main harm, speculation with no underlying value, is already counted under maysir, asset nature and usage, so it is not counted again here and the criterion is at the maximum.
How you can use it
Tap a card for the ruling and sourcesBuying CHEEMS with full payment and immediate delivery is available on exchanges, and the tokens can be moved to a self-custody wallet. Spot is acceptable for a DOUBTFUL asset for those who follow the permissive view, but CHEEMS fails the gambling criterion and CryptoUmmah rates it Haram.
No exchange-traded fund or product holding CHEEMS was found in the sources collected. A product that held CHEEMS itself would be judged like spot; its structure would need checking.
CHEEMS is not used for payments in any app found; it is held and traded. Tier-1 bodies such as Indonesia's MUI rule that using cryptocurrency as currency is not permissible.
Not available natively: CHEEMS is a token on BNB Smart Chain with no staking function and no validation work. Products marketed as CHEEMS 'staking' get their return from somewhere else, usually lending or incentives, 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 CHEEMS through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
CHEEMS pays holders nothing itself. Yield products on CHEEMS get their return from lending or similar interest-like sources and fail.
Scholars quotes
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.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.Our current position is 'tawaquf'; we can't say it is halal or haram, but we say it is better not to engage in itAs 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.AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Where it trades
Section in preparation
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