Official Melania Meme
MELANIA#194Official Melania Meme is a Solana meme token promoted as the coin of US First Lady Melania Trump; it has no product or function.
Fails our Shariah screening. Needs caution: business model. Fails: nature of the asset, gambling (maysir), excessive uncertainty (gharar), usage, and benefit and harm (maslahah).
- 2 pass
- 1 caution
- 5 fail
Verdict history
- Not halalCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold Official Melania Meme?8 Shariah criteria
2 pass · 1 caution · 5 failMELANIA pays no interest and has no lending function.
Riba is interest or any guaranteed increase on a loan. MELANIA has no staking, lending or yield of its own. CryptoUmmah scores riba 45.6/100 because third parties have wrapped the token into interest-like products and the treasury is opaque, but it confirms that the token itself contains no interest mechanism. Third-party products do not change the token, so the criterion is at the maximum.
MELANIA is a celebrity meme token with no product, function or rights behind it.
This criterion asks whether the asset has real value as property (mal). The project itself calls the token a digital collectible that expresses support and is not an investment. It has no staking, governance or protocol function, according to CryptoUmmah, and Sharlife, the first authoritative source that rates MELANIA, marks it not compliant. The lack of any function is a coin-specific weakness, so the criterion fails.
The price is driven only by celebrity attention; buyers gain only if others pay more later.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. MELANIA has no use beyond holding and trading. Its history shows the pattern of a bet: it passed $13 on 20 January 2025 and was more than 99% lower by October 2026, while people involved in the launch bought in the first seconds. CryptoUmmah scores maysir 15/100. The criterion fails.
The token has no revenue; reported income of insiders came from token sales to the public.
This criterion asks how the project earns and whether that income is impermissible. MELANIA has no product and no revenue. Bubblemaps reported that the team moved $30 million worth of tokens out of community funds and sold them without explanation, and Hayden Davis said his team sniped the launch. Earning from undisclosed sales to buyers is a concrete problem, although no interest or forbidden industry is involved, so the criterion is at caution.
Team wallets reportedly held 92% of supply, sales were unexplained and a lawsuit alleges a coordinated scheme.
Gharar is excessive uncertainty or hidden information. Bubblemaps said that team wallets held 92% of the supply and that 50 million tokens were moved from community funds and sold with no explanation. The technical team is largely unidentified. A US class action alleges that the launch was a coordinated liquidity trap; the allegations are not proven. CryptoUmmah scores gharar 20.9/100. Buyers cannot know who controls the supply or when it will be sold, so the criterion fails.
- Cointelegraph: Melania Trump’s memecoin team ‘quietly sold’ $30M, says Bubblemaps
- The Block: Class action lawsuit claims Ben Chow orchestrated Melania, LIBRA memecoin fraud
- Decrypt: Melania Trump, Javier Milei Used as 'Props' for Meme Coin Fraud, Lawsuit Alleges
- Is Melania Meme Halal?: CryptoUmmah coin audit
MELANIA is used only for speculative holding and trading.
This criterion looks at what the asset is actually used for. MELANIA is not used for payments, services or network fees. Its only activity is trading on exchanges and holding as a collectible. With speculation as practically its only use, the criterion fails.
Fully paid spot MELANIA is available and can be held in self-custody.
This criterion asks whether the asset can be owned in a permissible way. MELANIA trades spot with full payment and delivery on exchanges and Solana DEXs and can be held in a self-custody wallet. The criterion is at the maximum.
Buyers lost more than 99% from the peak while insiders reportedly sold.
Maslahah weighs benefit against harm. The token offers no service to its holders. Those who bought near the launch lost almost everything: the price fell more than 99% from its January 2025 high, while analysts reported large undisclosed sales by team wallets and a class action seeks damages for buyers. With real harm and no offsetting benefit, the criterion fails.
How you can use it
Tap a card for the ruling and sourcesBuying MELANIA with full payment and delivery is available, but full payment does not change the token itself: MELANIA is rated HARAM because it is a pure speculation token with hidden insider control.
No exchange-traded fund or product holding MELANIA was found in the sources collected. A product that held MELANIA would be judged like spot; its structure would need checking.
MELANIA 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: MELANIA is a token on Solana with no staking function and no validation work. Products marketed as MELANIA 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 MELANIA through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
MELANIA pays holders nothing itself. Yield products on MELANIA 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.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.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.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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