Metaverse coins: are they halal?

What is Metaverse?

Metaverse coins power virtual world platforms, typically used to purchase virtual land, avatars, or in-world goods and services.

How CryptoUmmah screens Metaverse coins

Gharar dominates here for much the same reason as NFTs — virtual land and in-world asset values are driven by speculative demand with no external cash-flow anchor, making valuation inherently uncertain and highly sensitive to platform popularity. Our speculation-to-utility ratio and use-case legitimacy criteria are the primary levers for this category. Maysir is a secondary factor where virtual asset trading is functionally indistinguishable from pure speculative flipping rather than genuine platform engagement. Across the 44 Metaverse coins we've screened, the average Shariah compliance score sits at 56.5/100, with 11% classified Halal, 59% Mashbooh, and 30% Haram.