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Current published record

Marinade

MNDE · solana · Token

Shariah standard

The only standard that has reviewed this coin so far.

Fasset Shariah Reports v2026.07-pack.1 · Eligible
Eligible

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.

Standard usedFasset Shariah Reports v2026.07-pack.1
Decision made2026-07-24 16:50:34 UTC
Published2026-07-24 16:50:34 UTC
Evidence last checked2026-07-24 15:13:01 UTC
Evidence expires2026-07-25 07:26:50 UTC
Next source check2026-08-04 17:15:42 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 Fasset published Shariah Reports; 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 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.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:34 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 16:50:34 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 nameMarinade
SymbolMNDE
Networksolana
TypeToken
Identity stateVerified
Identity checkedDate not kept
Contract addresses1
solana MNDEFzGvMt87ueuHvVU9VcTqsAP5b3fTGPsHuuPA5ey

Where it trades

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

No checked spot market is recorded for this coin on a supported exchange.

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: f8cef110-0383-49c2-81df-761ce429a9e0 · 119c87d5-3ff5-439f-bd0f-25c0bd27b0dc · f25ac682-a6d8-4a3f-bb04-e7c376d15d73

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 119c87d5-3ff5-439f-bd0f-25c0bd27b0dc · f25ac682-a6d8-4a3f-bb04-e7c376d15d73

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 119c87d5-3ff5-439f-bd0f-25c0bd27b0dc · f25ac682-a6d8-4a3f-bb04-e7c376d15d73

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 119c87d5-3ff5-439f-bd0f-25c0bd27b0dc · f25ac682-a6d8-4a3f-bb04-e7c376d15d73

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 119c87d5-3ff5-439f-bd0f-25c0bd27b0dc · f25ac682-a6d8-4a3f-bb04-e7c376d15d73

Sources

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

Marinade 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 15:12:11 UTC

Open the source

Technical details
Saved copyf25ac682-a6d8-4a3f-bb04-e7c376d15d73
Fingerprint9eb66545f0c466277a0aa68bb383964ce3f1849f3602f1129049135d1df14249
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Marinade 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 15:12:09 UTC

Open the source

Technical details
Saved copy119c87d5-3ff5-439f-bd0f-25c0bd27b0dc
Fingerprintc3c7a0f4a59ac5a5a9f00dd25a391dbb06ffc8d990d04d352d01a08f25d630f6
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Fasset Shariah Report: Marinade Available

Explicit retained verdict: Shariah Compliant; source reference: profile:146.

Fasset · taken 2026-07-24 07:26:50 UTC

Open the source

Technical details
Saved copyf8cef110-0383-49c2-81df-761ce429a9e0
Fingerprint1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028
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://marinade.finance/
Official documentationhttps://github.com/marinade-finance/
Primary activityStaking infrastructure and staking products on Solana, including native Solana staking and liquid staking features.
Token role and utilityMNDE token is described on the Marinade site as related to governance/participation (“Marinade DAO” and “MNDE On-chain governance”), and it is positioned as a token that helps “shape the future” of the protocol.
Asset typetoken
Governance modelGovernance is described as “MNDE DAO / MNDE Token” with participation/voting language on the Marinade website.
TokenomicsThe Marinade website text includes token figures such as total supply / circulating supply / FDV (shown as “700M MNDE” and “411.36M MNDE” and “$22.41M”), and states that the site uses an MNDE governance/participation framing rather than providing any explicit asset- or reserve-backed guarantee in the supplied excerpt.
Staking and rewardsThe Marinade site describes “Native & Liquid Solana Staking” and features including native staking, instant unstake, staking rewards reporting, and “Protected Staking Rewards” concepts.
Lending borrowingThe supplied Marinade website text references earning stablecoin yield via USDC and mentions “provide liquidity to Kamino Lend” (described as a route to earn yield while staying on-chain). This is a third-party lending/yield reference at the activity level (Kamino).
Interest or yieldThe supplied Marinade website text references earning stablecoin yield via USDC and mentions “provide liquidity to Kamino Lend” (described as a route to earn yield while staying on-chain). This is a third-party lending/yield reference at the activity level (Kamino).
Derivatives and prediction productsNo derivatives (e.g., futures/perps/options) are described in the supplied evidence.
Treasury and revenueGovernance is described as “MNDE DAO / MNDE Token” with participation/voting language on the Marinade website.
Backing redemption or collateralThe Marinade website text includes token figures such as total supply / circulating supply / FDV (shown as “700M MNDE” and “411.36M MNDE” and “$22.41M”), and states that the site uses an MNDE governance/participation framing rather than providing any explicit asset- or reserve-backed guarantee in the supplied excerpt.
Plain language profileStaking infrastructure and staking products on Solana, including native Solana staking and liquid staking features. MNDE token is described on the Marinade site as related to governance/participation (“Marinade DAO” and “MNDE On-chain governance”), and it is positioned as a token that helps “shape the future” of the protocol.
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T15:13:01.474926+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T16:50:34.697302+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

Fasset Shariah Reports asset-level row specifically for MNDE/Marinade showing the status language “Shariah Compliant” (or otherwise) for the MNDE canonical identity. · Fasset asset-level extracted fields for Marinade/MNDE (e.g., smart-contract capability, token utility, tokenomics, transaction validation, and any verdict other-impermissibilities) — in the supplied excerpt these detailed fields are null/withheld. · On-chain/contract-level evidence verifying the exact MNDE behavior relevant to the spot asset use (e.g., how MNDE is used in governance, whether MNDE is required for staking, and any embedded token mechanics) beyond the website marketing text. · Any evidence describing the actual mechanics/parameters of “Protected Staking Rewards” and how losses are handled, if applicable.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:34 UTC
Published2026-07-24 16:50:34 UTC

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.

Everything that happened

  • 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.

    2026-07-24 16:50:34 UTC · Amr · start → approved
  • 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.

    2026-07-24 16:50:34 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:34 UTC · Hilal Markets · start → published

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