Chrema Coin CRMC
Rank #1563WalletsPolygon Ecosystem
Mashbooh · Doubtful · Risky
Quick Answer

Is Chrema Coin halal?

Chrema Coin is classified as doubtful (mashbooh), with a Shariah compliance score of 51.4/100 under our 27-point screening methodology.

Overall51.4Mashbooh · Doubtful · Risky
Riba50.5Mashbooh
Gharar46.3Mashbooh
Maysir58.6Mashbooh
Full reportMethodology
51.450.5RIBA46.3GHARAR58.6MAYSIR
Shariah screening · tap a sub-dial
Project diligence tap a tile →
Moderate RibaExcessive Gharar (High Uncertainty)Moderate Maysir (High Risk)

GhararSharia pillar · 46.3/100 · Review · 15 criteria

Mashbooh. Prohibition of contracts with excessive ambiguity or hidden risk.

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Team Transparency & Credibility20
Ethical Practices75
Transparency60
Governance40
Launch Fairness50
Token Distribution60
Speculation / Utility Ratio60
Financial Status30
Audit Quality30
Governance Rights45
Rewards Distribution35
Asset Backing50
Mechanism Type55
Documentation60
Shariah Alignment25
How CRMC compares
STASIS EURO
79.3
Alephium
78.7
Ambire Wallet
61.4
ViciCoin
59.6
★ Chrema Coin (CRMC)
51.4

Compare directly: vs Ambire Wallet · vs ViciCoin · vs STASIS EURO

Purify your profits from CRMC

A portion of profit from CRMC isn't fully yours to keep — here's how to return it

What does "purification" mean?

Even fully screened assets can pick up small amounts of tainted income along the way — purification means giving that specific portion back, not paying extra.

Based on Chrema Coin's riba, gharar and maysir screening — see how we calculate purification amounts.

Overseen by Imam Omar Siddiqi, Shariah scholar and Imam of JMIC, among others, with donations paid directly to Jamiya Masjid & Islamic Centre — UK registered charity no. 1089986. Sent wallet-to-wallet; CryptoUmmah never custodies your funds. Always verify the destination address before confirming in your wallet.

Mashbooh · Doubtful · Risky

Your exact purification amount, calculated from Chrema Coin's Shariah compliance score.

$
Amount to return0.00 USDC

to Jamiya Masjid & Islamic Centre, a registered UK charity

Purification isn't Zakat and isn't tax-deductible — it's the return of income that wasn't rightfully yours.

Scholar-verified · UK registered charity
Key facts
ChainPolygon Pos
Last reviewed
ThanvirWritten by ThanvirFounder, Ex Director S&P Global EnergyImam Omar SiddiqiReviewed by Imam Omar SiddiqiShariah Scholar
Analyst summary

Chrema Coin (CRMC) is an ERC-20 utility token paired with GOLDX, a 1:1 gold-backed RWA token, operating on a proof-of-work-secured network, with rewards funded by physical gold-mining revenue from partner AMC. CoinGecko cites audits by SlowMist and Cyberscope, but no audit report, date, or findings exist anywhere in available documentation—this claim is unverified. The founding team is anonymous, governance remains merely "planned" under foundation control, and daily volume near $7,013 signals thin, early-stage liquidity. The core Sh

The research

27-point Shariah breakdown of CRMC

Islamic Finance Principles Assessment

Riba — Does Chrema Coin involve interest?

Our assessment of Chrema Coin on this principle is set out below.

Assessment: Moderate Riba Score: 50.5/100

Our methodology examines 10 criteria to evaluate how well Chrema Coin avoids interest-based mechanisms.

Gharar — How much uncertainty does Chrema Coin involve?

Our assessment of Chrema Coin on this principle is set out below.

Assessment: Excessive Gharar (High Uncertainty) Score: 46.3/100

Our methodology examines 15 criteria including team transparency, audit quality, and governance.

Maysir — Does Chrema Coin involve gambling or speculation?

Our assessment of Chrema Coin on this principle is set out below.

Assessment: Moderate Maysir (High Risk) Score: 58.6/100

Our methodology examines 11 criteria to determine whether Chrema Coin is a gambling instrument or a genuine economic tool.

The Full 27-Point Screening

1. Legitimacy (4 criteria)

CriterionScoreAnalysis
Team Transparency20/100CoinGecko explicitly states individual founder names and investor lists are not disclosed, indicating an anonymous team.
Fraud & Scam Risk50/100No fraud or rug-pull action against Chrema specifically is reported, but unverified audit claims and an anonymous team leave real risk unassessed.
Use Case Legitimacy70/100The whitepaper details a concrete gold-RWA tokenization and DeFi reward use case rather than pure hype.
Ethical Practices75/100The protocol's own design (gold tokenization plus DeFi utility) touches no inherently prohibited industry.

Summary: Chrema presents a detailed RWA/DeFi concept but has an anonymous founding team and unverifiable audit claims.

2. Project Operations (9 criteria)

CriterionScoreAnalysis
Core Protocol Business75/100The base protocol's business is RWA gold tokenization and associated DeFi services, not a prohibited sector.
Transaction Fees55/100Fees are shared with liquidity providers rather than fully retained, but a comprehensive fee schedule is not disclosed.
Treasury Assets50/100Treasury includes ecosystem/reward pools and physical gold reserves, but no statement confirms absence of interest-bearing holdings.
Revenue Model75/100Revenue is explicitly tied to physical gold-mining sales rather than lending/interest activity.
Transparency60/100The whitepaper describes real-time on-chain disclosure and monthly reports, though code is not confirmed open-source.
Governance40/100DAO governance voting is labeled "Planned," indicating current centralization under the foundation.
Launch Fairness50/100Vesting/lock-ups are disclosed but exact public-vs-insider sale terms are not detailed.
Token Distribution60/100Allocation percentages (Ecosystem 40%, Reward 20%, Marketing 20%, R&D 10%, Foundation 10%) are explicitly disclosed.
Speculation/Utility Ratio60/100The whitepaper lists concrete utility functions (staking, governance, liquidity) beyond price speculation.

Summary: The protocol runs a dual-token gold-tokenization and DeFi reward system with disclosed allocations but governance still described as planned rather than active.

3. Financial Health (4 criteria)

CriterionScoreAnalysis
Protocol Revenue75/100Protocol revenue is sourced from real gold-mining sales, not interest-based lending.
Financial Status30/100Reported 24-hour trading volume of roughly $7,000 indicates a thin, unstable market.
Interest Assessment35/100The base protocol offers staking with stated fixed percentage returns by duration, resembling interest-like fixed yield.
Audit Quality30/100Audit firm names are mentioned but no report, date, or verifiable findings could be located.

Summary: Revenue is tied to real gold-mining sales, but the market is thinly traded and no verifiable audit report could be found.

4. Token Economics (5 criteria)

CriterionScoreAnalysis
Token Purpose70/100CRMC is explicitly documented as a utility/reward token with defined platform functions.
Governance Rights45/100Governance participation via CRMC is described as planned, not yet a confirmed live right.
Rewards Distribution35/100Rewards are presented as tiered fixed percentages by lock duration rather than purely performance-linked.
Speculation Controls55/100Multi-year vesting and phased liquidity release are specific documented anti-dump measures.
Asset Backing50/100GOLDX is gold-backed, but CRMC itself derives value from ecosystem utility/revenue-share rather than direct asset backing.

Summary: CRMC functions as a utility/reward token with vesting-based anti-dump controls, though its own value is not directly asset-backed.

5. Staking Mechanism (5 criteria)

CriterionScoreAnalysis
Mechanism Type55/100Staking uses a non-custodial wallet and clearly stated flexible lock periods, per the whitepaper.
Islamic Contract Classification25/100Fixed percentage returns tied to lock duration resemble Qard-with-increment rather than a clean profit-sharing contract.
Rewards Structure30/100Stated reward tiers are fixed percentages by duration rather than variable outcomes tied strictly to real performance.
Documentation60/100The staking process, durations, and reward tiers are explicitly documented in the whitepaper.
Shariah Alignment25/100The fixed-rate nature of staking rewards raises an unresolved core Shariah question around interest-like guaranteed returns.

Summary: A native staking mechanism exists with tiered lock periods and stated fixed-percentage rewards, raising questions about its Islamic contract classification.

Overall Assessment: Chrema is a genuine-utility RWA/DeFi project rather than a meme coin, but anonymous leadership, unverified audits, and fixed-rate staking returns leave significant compliance and transparency questions unresolved.

Sources consulted