Category

NFT Marketplace coins: are they halal?

14 NFT Marketplace coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.

What is NFT Marketplace?

NFT marketplace tokens are the native assets of platforms that facilitate the minting, buying, selling, and trading of non-fungible tokens representing digital art, collectibles, gaming items, and other unique on-chain assets. These tokens typically serve utility functions such as paying transaction and listing fees, governance voting on platform parameters, staking for fee discounts or rewards, and incentivizing liquidity or creator activity within the marketplace. Their value is generally tied to trading volume, platform adoption, and the breadth of supported blockchains and asset standards, such as ERC-721 and ERC-1155.

Halal: 1 coin (7%)Mashbooh: 9 coins (64%)Haram: 4 coins (29%)14 coins
  • Halal7%
  • Mashbooh64%
  • Haram29%
ShariahRibaGhararMaysir
1001SPACE IDIDHALAL72.4
477BlurBLURMASHBOOH68.5
404SuperVerseSUPERMASHBOOH68.1
2215NFTXNFTXMASHBOOH67.6
1135TensorTNSRMASHBOOH64.7
2411RARIRARIMASHBOOH63.5
717Collect on FanableCOLLECTMASHBOOH58.6
2388STUFF.ioSTUFFMASHBOOH58.6
1643ThetaDropTDROPMASHBOOH54.5
1724DivoDVOMASHBOOH51.6
526Magic EdenMEHARAM43.5
1820AlturaALUHARAM41.9
2501LooksCoinLOOKHARAM41.1
1468MonbaseCoinMBCHARAM32.3

How CryptoUmmah screens NFT Marketplace coins

As with every category we track, coins here are screened individually against our 27-point methodology across the three core pillars — riba (interest), gharar (uncertainty), and maysir (speculation/gambling) — rather than being judged by category label alone. Two coins sharing this tag can land on very different verdicts depending on their specific tokenomics, revenue model, and governance structure. Across the 14 NFT Marketplace coins we've screened, the average Shariah compliance score sits at 56.2/100, with 7% classified Halal, 64% Mashbooh, and 29% Haram.