Storage coins: are they halal?
21 Storage coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.
What is Storage?
Storage cryptocurrencies power decentralized networks that let users buy, sell, or rent unused hard drive space in exchange for tokens, creating a distributed alternative to centralized cloud storage providers. Files are typically split into encrypted fragments and distributed across many independent nodes worldwide, with blockchain-based ledgers tracking storage contracts, proof of the data being held, and payments to hosts. Prices are generally set by open markets between users needing storage and node operators supplying capacity, with tokens such as Filecoin (FIL), Storj (STORJ), Sia (SC), and Arweave (AR) representing this category.
- Halal43%
- Mashbooh52%
- Haram5%
| Shariah | Riba | Gharar | Maysir | ||
|---|---|---|---|---|---|
| 93 |  FilecoinFIL | HALAL84.7 | |||
| 654 |  SiacoinSC | HALAL77.1 | |||
| 224 |  ArweaveAR | HALAL77 | |||
| 1299 |  RSS3RSS3 | HALAL76.7 | |||
| 60 |  Internet ComputerICP | HALAL75.9 | |||
| 376 |  HoloHOT | HALAL71.9 | |||
| 1968 |  OORTOORT | HALAL71.2 | |||
| 1811 |  CESS NetworkCESS | HALAL70.7 | |||
| 323 |  WalrusWAL | HALAL70.1 | |||
| 1131 |  StorjSTORJ | MASHBOOH69.2 | |||
| 367 |  AIOZ NetworkAIOZ | MASHBOOH69.1 | |||
| 693 |  Ocean ProtocolOCEAN | MASHBOOH68.5 | |||
| 2712 |  Pipe NetworkPIPE | MASHBOOH67.2 | |||
| 840 |  AutonomiANT | MASHBOOH67.1 | |||
| 2241 |  Aleph CloudALEPH | MASHBOOH66.5 | |||
| 1850 |  BluzelleBLZ | MASHBOOH66.4 | |||
| 485 |  Impossible Cloud Network TokenICNT | MASHBOOH65 | |||
| 1230 |  IagonIAG | MASHBOOH57.5 | |||
| 1857 |  Shadow TokenSHDW | MASHBOOH55.9 | |||
| 626 |  StorXSRX | MASHBOOH54.4 | |||
| 2560 |  Cere NetworkCERE | HARAM42.1 |
How CryptoUmmah screens Storage 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 21 Storage coins we've screened, the average Shariah compliance score sits at 67.8/100, with 43% classified Halal, 52% Mashbooh, and 5% Haram.