Category

Oracle coins: are they halal?

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

What is Oracle?

Oracle tokens power networks that supply external, real-world data—such as asset prices, weather conditions, or event outcomes—to blockchains and smart contracts, which otherwise cannot access information outside their own ledger. These networks rely on decentralized nodes that fetch, validate, and relay data on-chain, with the native token used to pay for data requests, reward node operators, and secure the system through staking. Oracle infrastructure underpins DeFi applications like lending protocols, derivatives, and stablecoins that depend on accurate, tamper-resistant price feeds.

Halal: 10 coins (43%)Mashbooh: 12 coins (52%)Haram: 1 coin (4%)23 coins
  • Halal43%
  • Mashbooh52%
  • Haram4%
ShariahRibaGhararMaysir
611API3API3HALAL82.8
19ChainlinkLINKHALAL82.4
809iExec RLCRLCHALAL76.7
499Tellor TributesTRBHALAL76.1
1512OraichainORAIHALAL75.5
586UMAUMAHALAL75.3
117Pyth NetworkPYTHHALAL74.3
647Band ProtocolBANDHALAL74
895SEDASEDAHALAL72.9
832PhalaPHAHALAL72.5
1357SupraSUPRAMASHBOOH69.5
1447KlerosPNKMASHBOOH66.8
783WINkLinkWINMASHBOOH66.6
727Orochi NetworkONMASHBOOH66.4
647BandBANDMASHBOOH64.7
2098RigoBlockGRGMASHBOOH64.2
1048DIADIAMASHBOOH61.3
498XYO NetworkXYOMASHBOOH61
450RedStoneREDMASHBOOH60.3
2256TRUF.NetworkTRUFMASHBOOH60.2
585AproATMASHBOOH58.7
1204zkPassZKPMASHBOOH57.3
2836Flux ProtocolFLXHARAM46.2

How CryptoUmmah screens Oracle 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 23 Oracle coins we've screened, the average Shariah compliance score sits at 68.1/100, with 43% classified Halal, 52% Mashbooh, and 4% Haram.