Privacy Coins coins: are they halal?

What is Privacy Coins?

Privacy coins use cryptographic techniques to obscure transaction details — sender, receiver, or amount — that are visible by default on most public blockchains.

How CryptoUmmah screens Privacy Coins coins

Gharar is the dominant concern here, driven by a mix of genuine transactional opacity and elevated regulatory risk — privacy features can obscure legitimate information that would otherwise support transparency-based screening, and regulatory delisting risk adds real uncertainty around a token's practical usability. Our tool-neutrality principle still applies: privacy itself isn't treated as inherently haram, since the feature can be used for entirely legitimate purposes, but the reduced verifiability genuinely limits how confidently other criteria (like treasury composition or revenue model) can be assessed. Across the 31 Privacy Coins coins we've screened, the average Shariah compliance score sits at 67.7/100, with 35% classified Halal, 61% Mashbooh, and 3% Haram.