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Current published record

Avalanche

AVAX · Avalanche · 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 HilalMarkets use-specific coverage is shown separately and does not infer unpublished SC reasoning.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 made2023-08-10 00:00:00 UTC
Published2026-07-24 16:50:16 UTC
Evidence last checked2026-07-24 13:32:39 UTC
Evidence expires2026-07-17 01:31:01 UTC
Next source check2026-10-12 07:25:47 UTC
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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 16:50:16 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 16:50:16 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 nameAvalanche
SymbolAVAX
NetworkAvalanche
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 · AVAX/USDT · spot Trading now
Bybit · AVAX/USDT · spot 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 · 39822b27-9b32-4d08-855f-58ba02047a1c · 6eb24768-d5bf-429c-9edc-f4a650ba04b1 · 3cd331c3-5847-459d-8ee5-3349a61d9616

Published SC Malaysia SAC reference Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 39822b27-9b32-4d08-855f-58ba02047a1c · 6eb24768-d5bf-429c-9edc-f4a650ba04b1 · 3cd331c3-5847-459d-8ee5-3349a61d9616

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 39822b27-9b32-4d08-855f-58ba02047a1c · 6eb24768-d5bf-429c-9edc-f4a650ba04b1 · 3cd331c3-5847-459d-8ee5-3349a61d9616

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 39822b27-9b32-4d08-855f-58ba02047a1c · 6eb24768-d5bf-429c-9edc-f4a650ba04b1 · 3cd331c3-5847-459d-8ee5-3349a61d9616

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 39822b27-9b32-4d08-855f-58ba02047a1c · 6eb24768-d5bf-429c-9edc-f4a650ba04b1 · 3cd331c3-5847-459d-8ee5-3349a61d9616

Sources

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

Avalanche 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 13:32:15 UTC

Open the source

Technical details
Saved copy6eb24768-d5bf-429c-9edc-f4a650ba04b1
Fingerprintc0bc54c98ec8e515d37203927008b8e3d66177918b5e679f7bcdb1296860139a
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Avalanche 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 13:32:13 UTC

Open the source

Technical details
Saved copy39822b27-9b32-4d08-855f-58ba02047a1c
Fingerprintda55c5b7948d5fbc3f70207981e482356849815e08f94eb6832162830068ac8d
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
SC Malaysia Digital Assets Available

Exact imported wording: Shariah-compliant; 271st SAC Meeting, 2023-08-10.

Securities Commission Malaysia · taken 2026-07-16 01:31:01 UTC · published 2023-08-10 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://www.avax.network/
Official documentationhttps://cdn.prod.website-files.com/5d80307810123f5ffbb34d6e/6008d7bbf8b10d1eb01e7e16_Avalanche%20Platform%20Whitepaper.pdf
Primary activityA heterogeneous blockchain network with multiple chains (C-Chain, P-Chain, X-Chain) that supports smart contract execution and token-related platform operations
Token role and utilityAVAX is used for paying fees, securing the platform, and fueling custom blockchain operations; it is also the currency used across the Avalanche Primary Network chains (C-Chain/P-Chain/X-Chain pages show AVAX as the network currency)
Asset typenative_coin
Governance modelNot evidenced in the supplied official-source material for AVAX
TokenomicsNot evidenced in the supplied official-source material for AVAX (no backing/collateral or tokenomics parameters provided)
Staking and rewardsAvalanche enables validator participation by staking at least 2,000 AVAX; the P-Chain is responsible for validator and platform-level operations including staking operations
Lending borrowingNot evidenced in the supplied official-source material for AVAX (no native lending/yield program details provided)
Interest or yieldNot evidenced in the supplied official-source material for AVAX (no native lending/yield program details provided)
Derivatives and prediction productsNot evidenced in the supplied official-source material for AVAX
Treasury and revenueNot evidenced in the supplied official-source material for AVAX
Backing redemption or collateralNot evidenced in the supplied official-source material for AVAX (no backing/collateral or tokenomics parameters provided)
Plain language profileA heterogeneous blockchain network with multiple chains (C-Chain, P-Chain, X-Chain) that supports smart contract execution and token-related platform operations AVAX is used for paying fees, securing the platform, and fueling custom blockchain operations; it is also the currency used across the Avalanche Primary Network chains (C-Chain/P-Chain/X-Chain pages show AVAX as the network currency)
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T13:32:39.717133+00:00
Evidence expires at2026-07-17T01:31:01.978275+00:00
Next governance review at2026-07-25T16:50:16.163905+00:00
NoticeHilalMarkets factual research is not SC Malaysia's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

SAC/authority package content for AVAX coin-specific rationale is withheld; only the list-page status (meeting number and decision date) is present in the supplied evidence. · No official-source evidence is provided here for AVAX-specific lending/yield mechanisms, derivative instruments, or governance/treasury design. · No official-source evidence is provided here for AVAX tokenomics parameters (e.g., supply schedule, emissions, or any explicit backing/collateral).

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:16 UTC
Published2026-07-24 16:50:16 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 16:50:16 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 16:50:16 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

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

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