BUSHilal Markets · Shariah Evidence report
BUSD (BUSD)
Fasset Shariah Reports v2026.07-pack.1 · Passport version 2
Eligible
Printed from Hilal Markets. Evidence last checked 2026-07-24 17:11:20 UTC.
1. The result
The retained Fasset asset profile records the explicit verdict Shariah Compliant. HilalMarkets identity and use-specific coverage are reviewed separately and no missing source fact was inferred.
| Result | Eligible |
|---|---|
| Standard used | Fasset Shariah Reports v2026.07-pack.1 |
| Decision made | 2026-07-24 17:11:21 UTC |
| Published | 2026-07-24 17:11:21 UTC |
| Evidence last checked | 2026-07-24 17:11:20 UTC |
| Evidence expires | 2026-07-25 07:26:50 UTC |
| Next source check | 2026-08-04 17:15:42 UTC |
This is a screening result for the coin itself, 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.
2. Why
- Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.
3. What this covers
| Use | Covered? | Reason and scope | Checked |
|---|---|---|---|
| Asset-level Fasset 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. Reviewer-approved use decision |
2026-07-24 17:11:21 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. Reviewer-approved use decision |
2026-07-24 17:11:21 UTC |
4. Which coin exactly
| Official name | BUSD |
|---|---|
| Symbol | BUSD |
| Network | ethereum |
| Type | Token |
| Identity state | Verified |
| Identity checked | Date not kept |
| Contract on ethereum | 0x4fabb145d64652a948d72533023f6e7a623c7c53 |
Where it trades
| Exchange | Market | Type | Trading now? |
|---|---|---|---|
| No checked spot market is recorded on a supported exchange. | |||
Whether an exchange lists a coin is separate from whether it passed the review.
5. Rule by rule
| Rule | Outcome | Reviewer explanation | Evidence and gaps |
|---|---|---|---|
| Canonical asset identity | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · d723a033-d504-483a-a579-c9e61566e007 · 16048b3b-cac0-4410-93e3-8835ff6d6a63 · 70e6e3f1-2fc0-4bfd-af5f-424349d937e5 |
| Published Fasset reference | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · d723a033-d504-483a-a579-c9e61566e007 · 16048b3b-cac0-4410-93e3-8835ff6d6a63 · 70e6e3f1-2fc0-4bfd-af5f-424349d937e5 |
| Evidence completeness and freshness | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · d723a033-d504-483a-a579-c9e61566e007 · 16048b3b-cac0-4410-93e3-8835ff6d6a63 · 70e6e3f1-2fc0-4bfd-af5f-424349d937e5 |
| Source scope and exact asset match | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · d723a033-d504-483a-a579-c9e61566e007 · 16048b3b-cac0-4410-93e3-8835ff6d6a63 · 70e6e3f1-2fc0-4bfd-af5f-424349d937e5 |
| HilalMarkets use-specific factual review | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · d723a033-d504-483a-a579-c9e61566e007 · 16048b3b-cac0-4410-93e3-8835ff6d6a63 · 70e6e3f1-2fc0-4bfd-af5f-424349d937e5 |
6. Sources
| Source | Publisher | Available? | Taken | Saved copy and fingerprint |
|---|---|---|---|---|
| BUSD official documentation https://github.com/paxosglobal/busd-contract Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning. |
Official project source | Available | 2026-07-24 17:09:39 UTC | 70e6e3f1-2fc0-4bfd-af5f-424349d937e5 d514119f357a7a7a2f005a2a45e78384591c7f7abe54ed227fdac904d0fe9133 |
| BUSD official website https://www.paxos.com/busd/ Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning. |
Official project source | Available | 2026-07-24 17:09:37 UTC | 16048b3b-cac0-4410-93e3-8835ff6d6a63 b5761123f449da4312df23cc989b01cdd419d7d24b19bf1f0744445ee4d556da |
| Shariah Review Bureau source for BUSD https://shariyah.net/cryptocurrencies/binance-usd/ Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning. |
Official project source | Available | 2026-07-24 17:09:31 UTC | d723a033-d504-483a-a579-c9e61566e007 e33dc9cf21b9f66e59826aacbd551f943b49940b933554dcdb8f6d740b1e216e |
| Fasset Shariah Report: Binance USD (legacy) https://www.fasset.com/shariah-reports/ Explicit retained verdict: Shariah Compliant; source reference: profile:126. |
Fasset | Available | 2026-07-24 07:26:50 UTC | f8cef110-0383-49c2-81df-761ce429a9e0 1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028 |
A live link can change after this report was printed. The saved copy and its fingerprint cannot.
7. Decision and history
| Decision | Approved |
|---|---|
| Who decided | External reference automation |
| When | 2026-07-24 17:11:21 UTC |
| Published | 2026-07-24 17:11:21 UTC |
| Reason | Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
| Integrity fingerprint | 5d25d3ed91b652517c7a7f8a340610b2193dc4487f291877ff6cd6c0c4d852ee |
| When | What happened | Who | Change |
|---|---|---|---|
| 2026-07-24 17:11:21 UTC | Reviewer decision Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
Amr | start → approved |
| 2026-07-24 17:11:21 UTC | Status changed Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
External authority reference automation | start → eligible |
| 2026-07-24 17:11:21 UTC | Published The reviewed decision was published as an immutable Passport version. |
Hilal Markets | start → published |
8. Other standards
Each standard reaches its own result. Nothing is averaged and no combined score is created.
| Standard | Result | Reviewed |
|---|---|---|
| Fasset Shariah Reports | Eligible | 2026-07-24 17:11:21 UTC |
| Shariah Review Bureau | Eligible | 2026-07-24 17:00:59 UTC |