Golem

GLM pays nothing to holders and has no staking or lending mechanism.

Riba is interest or any guaranteed increase on a loan. GLM is only a payment token: there is no staking, no reward for holding and no lending in the protocol. Golem Factory stakes part of its own ETH reserves with its own validators, which is a variable reward for validation work, not a loan return, and it does not flow to GLM holders. Sharlife rates Golem permissible and CryptoUmmah scores its interest assessment 88/100. The criterion is at the maximum.

GLM is a utility token that pays for real computing services.

This criterion asks whether the asset has real value as property (mal). GLM gives access to a working marketplace and is the means of payment between Requestors and Providers, so it has a lawful use and real benefit. Sharlife, the first authoritative source that rates Golem, lists it as permissible. The criterion is at the maximum.

GLM has no gambling or lottery mechanics.

Maysir is gambling: gaining or losing by chance rather than through productive exchange. Providers earn GLM for delivering computing work, and Requestors pay for a service received. No game of chance is involved, and CryptoUmmah scores use case legitimacy 90/100. The criterion is at the maximum.

The network earns from renting computing power, a permissible service.

This criterion asks how the ecosystem earns and whether that income is impermissible. Golem is a marketplace where providers are paid for computing work; this is a hire of a useful service (ijarah-like) with no interest income. CryptoUmmah scores core protocol business 90/100. No impermissible revenue was found, so the criterion is at the maximum.

Supply is fixed and code is open, but holdings are concentrated and a critical software flaw was found in 2026.

Gharar is excessive uncertainty or hidden information. Supply is fixed at 1 billion with no unlocks, and the code is open-source. Two concrete points lower the score slightly: CoinMarketCap shows the top 10 addresses holding 60.17% of supply, and the September 2026 security review found 36 issues in provider software, one critical, with repositories temporarily made private. The issues are fixed and no exploitation was found, so the criterion stays at pass.

GLM is used to pay for computing tasks such as rendering and AI workloads.

This criterion looks at what the asset is actually used for. GLM pays for general-purpose computing: rendering, AI model inference and other tasks. No use centred on an impermissible activity was found, so the criterion is at the maximum.

Fully paid spot GLM is available on exchanges and can be held in self-custody.

This criterion asks whether the asset can be owned in a permissible way. GLM trades spot with full payment and delivery on centralised exchanges and Uniswap, and as an ERC-20 token it can be held in a self-custody wallet. The criterion is at the maximum.

Golem gives open access to computing power and lets owners of idle hardware earn from it.

Maslahah weighs benefit against harm. Golem puts idle hardware to productive use and offers computing without a central provider, including for scientific research. No fraud or harm to holders was found in the sources collected, and the 2026 security issues were fixed before any known exploitation. The criterion is at the maximum.