XDC Network
XDC#78XDC Network is an EVM-compatible proof-of-stake blockchain for trade finance and real-world asset tokenisation; XDC pays fees and secures it.
- Market cap
- $726.34M
- Volume 24h
- $16.22M
- All-time high
- —
- Circulating supply
- 21.48B
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 XDC Network?8 Shariah criteria
8 pass · 0 caution · 0 failXDC pays no interest: masternode rewards are payment for running the network, at risk of being slashed, and the coin has no lending function of its own.
Riba means interest or any guaranteed increase on a loan. XDC rewards go to masternodes that stake 10 million XDC and do the work of producing and checking blocks; a node that goes offline can be marked as slashed, and the project says there is no assurance of returns. That is pay for validation work with real risk, not interest. Sharlife, the authoritative source, rates XDC Yes (compliant), and CryptoUmmah finds variable, performance-linked staking rewards. Interest-based DeFi built by others on XDC is outside the coin and is covered under trading mechanisms. The criterion is at the maximum.
XDC is the native coin of a working blockchain: it pays fees and secures the network through masternode staking.
This criterion asks whether the asset has real value (mal). XDC is the fee and staking coin of a public network that has run since May 2019, with smart contracts, stablecoin payments and trade-finance applications. Sharlife, the authoritative source, rates it compliant. The general debate among scholars about whether crypto is property is not a coin-specific problem, so the criterion is at the maximum.
XDC has real network use and no gambling or meme mechanics; futures do not dominate its trading.
Maysir is gambling. XDC is a network coin, not a meme or lottery token, and nothing in its design rewards chance. On 1 October 2026 its Bybit volume was split about evenly between spot and perpetual futures, and Binance had no XDC market, so derivatives do not dominate. Sharlife rates XDC compliant, and CryptoUmmah scores maysir at 78.8/100. The criterion is at the maximum.
Network income comes from transaction fees and block rewards for validators; no interest or other prohibited revenue is shown.
This criterion asks how the network earns and whether any of that income is impermissible. XDC Network earns from transaction fees and pays block rewards to validators. CryptoUmmah finds protocol revenue from fees without interest mechanisms and no prohibited sector involvement. Trade-finance applications built on the network may involve financing, but the coin itself takes no interest income. The criterion is at the maximum.
The network is open source and well documented, but about 44% of the total supply is outside circulation with no published release plan, and the 10 million XDC validator threshold concentrates control.
Gharar is excessive uncertainty or hidden information. Much is transparent: the client is open source with regular releases, the consensus and validator rules are published, and the chain has run since 2019. Two concrete gaps remain. Only about 21.5 billion of about 38.1 billion XDC were counted as circulating on 1 October 2026, and who holds the rest and when it may be released is not disclosed in the sources reviewed. The 10 million XDC stake requirement limits validation to large holders, which CryptoUmmah also flags. These lower the score within pass; Sharlife rates the coin compliant.
XDC is used for fees, staking and settlement on a network aimed at trade finance and tokenisation.
This criterion looks at what the asset is actually used for. XDC pays fees on a network that reports more than a billion transactions and 700,000 smart contracts, it secures the network through masternode staking, and the network carries native USDC and trade-finance and tokenisation projects. Many recorded transactions are validator signing transactions, but the uses are permissible. The criterion is at the maximum.
Fully paid spot XDC is available on exchanges and through a physically backed ETP, and it can be held in self-custody.
This criterion asks whether the asset can be owned in a permissible way. XDC trades spot with full payment and delivery, can be held in self-custody wallets, and is on Kazakhstan’s list of authorised digital assets. A physically backed staking ETP from 21shares also holds it. Ownership does not depend on derivatives, so the criterion is at the maximum.
XDC aims at trade finance and tokenisation with regulated partners; no concrete harm is shown.
Maslahah weighs public benefit against harm. XDC Network aims to digitise trade finance and settlement, with partners such as SBI, IMDA and Standard Chartered listed on its site. No source shows fraud, sanctions evasion or another concrete harm linked to XDC. The criterion is at the maximum.
How you can use it
Tap a card for the ruling and sourcesBuying XDC with full payment and immediate delivery is permissible for a HALAL-rated coin, and it can be held in a self-custody wallet.
There is no US ETF. In Europe, the 21shares XDC Network Staking ETP is physically backed by XDC and adds staking rewards to its value; it would need checking for any lending of the coins and for its fee and structure before it could pass.
XDC pays network fees and is used for settlement on its own chain, but it is not a common means of payment. Tier-1 bodies such as Indonesia’s MUI rule that using cryptocurrency as currency is not permissible.
Staking 10 million XDC to run a masternode earns rewards for producing and checking blocks, with the risk of being slashed for downtime. That is pay for work, not interest. Pooled or exchange staking products must be checked for lending.
Margin trading in XDC is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
XDC perpetual futures are offered on some exchanges, but futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending XDC through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
Yield from running or backing a masternode comes from validation work and can be acceptable; yield products that earn from lending or fixed promised returns fail. Check where the return comes from.
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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