Skip to content

Current published record

Cardano

ADA · Cardano · Token

4 standards reviewed this coin. Each one reaches its own result. Nothing is averaged. Choose one to read its result.

Eligible

The official SC Malaysia asset-level reference records this asset as Shariah-compliant. HilalMarkets use-specific coverage is shown separately and does not infer unpublished SC reasoning.

Standard usedSC Malaysia SAC Digital Assets Reference v2026.07-pack.1
Decision made2023-01-12 00:00:00 UTC
Published2026-07-24 16:50:15 UTC
Evidence last checked2026-07-24 16:22:25 UTC
Evidence expires2026-07-17 01:31:01 UTC
Next source check2026-10-12 07:25:47 UTC
Back to the list Open the full report
What this result is

A screening result for this coin, under the one standard named above, on the date named above. It is not a universal religious ruling, and it is not approval of every way the coin can be used.

Why this result

The short reasons a reviewer recorded. The criterion-by-criterion detail is under Evidence.

  • Automatically published the exact compliant asset-level reference from Shariah Advisory Council of the Securities Commission Malaysia; AI factual research remains separately labelled and does not determine the status.

What this covers

A result for the coin is not a result for everything you can do with it. Each use is decided on its own.

Asset-level SC Malaysia SAC reference Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Only the exact asset-level external reference.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:15 UTC

Spot ownership and market monitoring Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Spot monitoring only; no leverage or trade execution.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:15 UTC

Which coin exactly

Many coins share a ticker. A ticker on its own is never treated as proof of which coin was reviewed.

Official nameCardano
SymbolADA
NetworkCardano
TypeToken
Identity stateVerified
Identity checkedDate not kept

Where it trades

Whether an exchange lists a coin is separate from whether it passed the review.

Binance · ADA/USDT · spot Trading now
Bybit · ADA/USDT · spot Not trading now

Evidence

What the reviewer decided on each rule, and the sources behind it. Reviewer decisions and AI-organised facts are kept apart.

Rule by rule

Canonical asset identity Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 176571d7-15ec-4ea7-bf26-086969ea90d1 · eb3dc8d2-1bd1-480c-af42-5856b90cacbd · 5dc7678a-e7ad-4920-bb85-b25bcaff90cf

Published SC Malaysia SAC reference Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 176571d7-15ec-4ea7-bf26-086969ea90d1 · eb3dc8d2-1bd1-480c-af42-5856b90cacbd · 5dc7678a-e7ad-4920-bb85-b25bcaff90cf

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 176571d7-15ec-4ea7-bf26-086969ea90d1 · eb3dc8d2-1bd1-480c-af42-5856b90cacbd · 5dc7678a-e7ad-4920-bb85-b25bcaff90cf

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 176571d7-15ec-4ea7-bf26-086969ea90d1 · eb3dc8d2-1bd1-480c-af42-5856b90cacbd · 5dc7678a-e7ad-4920-bb85-b25bcaff90cf

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 176571d7-15ec-4ea7-bf26-086969ea90d1 · eb3dc8d2-1bd1-480c-af42-5856b90cacbd · 5dc7678a-e7ad-4920-bb85-b25bcaff90cf

Sources

A live link can change. The saved copy and its fingerprint cannot.

Cardano official documentation Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 16:22:09 UTC

Open the source

Technical details
Saved copyeb3dc8d2-1bd1-480c-af42-5856b90cacbd
Fingerprint0b96b5467fc0b336d27f8a5ae13cc1b335e3458719f7ea362a40b9378a20324c
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Cardano official website Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 16:22:07 UTC

Open the source

Technical details
Saved copy176571d7-15ec-4ea7-bf26-086969ea90d1
Fingerprint0d8b14d42abc8e08407e620e6e359047aa636c6616aed8fa9449339e4d4f0bcf
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
SC Malaysia Digital Assets Available

Exact imported wording: Shariah-compliant; 264th SAC Meeting, 2023-01-12.

Securities Commission Malaysia · taken 2026-07-16 01:31:01 UTC · published 2023-01-12 00:00:00 UTC

Open the source

Technical details
Saved copy3689f661-0a92-4170-8e26-436b853a586a
Fingerprint358d0d2139c2ec1cf0eeb9098bf31a843ad7a3712fb8d66d50dd4c2ffc21dd83
Reader versionmethodology-import-pack:1.0.0
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Facts gathered about this coin Not a religious decision

These facts were organised by software from published sources. Software cannot approve, reject or set a Shariah status; only the reviewer above can.

Official websitehttps://cardano.org/
Official documentationhttps://docs.cardano.org/
Primary activityPublic proof-of-stake blockchain platform for decentralized applications; ADA is described as Cardano’s native token.
Token role and utilityNative cryptocurrency (ADA) used on the Cardano proof-of-stake network; Cardano site and docs describe participation via delegation/staking to earn rewards.
Asset typenative_coin
Governance modelCardano site includes governance materials (e.g., “Governance Overview” and voting/DRep concepts). No ADA treasury allocation or specific governance-token mechanics are detailed in the supplied excerpts.
TokenomicsThe supplied evidence describes ADA as the native token and references proof-of-stake, but does not provide coin-specific tokenomics, backing, supply schedule, or reserve details.
Staking and rewardsNative proof-of-stake participation is supported (delegating/“delegate your ada” is explicitly described on cardano.org; stake pool operations exist per Cardano Docs navigation). No further staking mechanics or reward rules are provided in the supplied evidence.
Lending borrowingNot addressed in the supplied official-source evidence as a native/asset-level feature of ADA. Third-party DeFi yield is not established here.
Interest or yieldNot addressed in the supplied official-source evidence as a native/asset-level feature of ADA. Third-party DeFi yield is not established here.
Derivatives and prediction productsNot addressed in the supplied official-source evidence.
Treasury and revenueCardano site includes governance materials (e.g., “Governance Overview” and voting/DRep concepts). No ADA treasury allocation or specific governance-token mechanics are detailed in the supplied excerpts.
Backing redemption or collateralThe supplied evidence describes ADA as the native token and references proof-of-stake, but does not provide coin-specific tokenomics, backing, supply schedule, or reserve details.
Plain language profilePublic proof-of-stake blockchain platform for decentralized applications; ADA is described as Cardano’s native token. Native cryptocurrency (ADA) used on the Cardano proof-of-stake network; Cardano site and docs describe participation via delegation/staking to earn rewards.
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T16:22:25.086744+00:00
Evidence expires at2026-07-17T01:31:01.978275+00:00
Next governance review at2026-07-25T16:50:15.222654+00:00
NoticeHilalMarkets factual research is not SC Malaysia's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

No coin-specific Shariah rationale text is provided in the supplied evidence for Cardano/ADA (only list-row status/metadata is shown; methodology notes rationale is not published on the list page). · No explicit asset-level detail about ADA’s use in lending, yield, or derivatives is provided in the supplied official-source evidence. · No detailed governance/treasury linkage between ADA and specific governance outcomes is provided in the supplied excerpts. · No ADA tokenomics details (supply schedule, issuance parameters, reserve/backing statements) are provided in the supplied excerpts.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:15 UTC
Published2026-07-24 16:50:15 UTC

Automatically published the exact compliant asset-level reference from Shariah Advisory Council of the Securities Commission Malaysia; AI factual research remains separately labelled and does not determine the status.

Everything that happened

  • Reviewer decision

    Automatically published the exact compliant asset-level reference from Shariah Advisory Council of the Securities Commission Malaysia; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:15 UTC · Amr · start → approved
  • Status changed

    Automatically published the exact compliant asset-level reference from Shariah Advisory Council of the Securities Commission Malaysia; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:15 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:15 UTC · Hilal Markets · start → published

Something looks wrong?

Your report opens a review item for a person to look at. It never changes a published result by itself.

Sign in to send a report. It takes a free account, so a reviewer can write back to you about it.

Sign in to report a problem

Your privacy choices

Essential storage supports security and your choices. Optional analytics runs only after you allow it and must not receive private Watchlist text, credentials, or direct identifiers. Read the Cookie Policy.