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Current published record

Raydium

RAY · 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 16:50:22 UTC
Published2026-07-24 16:50:22 UTC
Evidence last checked2026-07-24 14:22:41 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 16:50:22 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 16:50:22 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 nameRaydium
SymbolRAY
Networksolana
TypeToken
Identity stateVerified
Identity checkedDate not kept
Contract addresses1
solana 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R

Where it trades

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

Binance · RAY/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: f8cef110-0383-49c2-81df-761ce429a9e0 · 0f2e3325-fb60-4178-ab76-5f1879305a44

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 0f2e3325-fb60-4178-ab76-5f1879305a44

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 0f2e3325-fb60-4178-ab76-5f1879305a44

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 0f2e3325-fb60-4178-ab76-5f1879305a44

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 0f2e3325-fb60-4178-ab76-5f1879305a44

Sources

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

Fasset Shariah Report: Raydium Available

Explicit retained verdict: Shariah Compliant; source reference: profile:44.

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://raydium.io/
Official documentationhttps://raydium.io/
Primary activityMarketplace/liquidity ecosystem on Solana (no on-chain/purpose details provided in supplied evidence)
Token role and utilityERC20/utility role not provided in supplied evidence (tokenomics/utility fields are null in the referenced row)
Asset typetoken
Governance modelNot provided in supplied evidence (governance/treasury fields are null in the referenced row)
TokenomicsNot provided in supplied evidence (tokenomics fields are null in the referenced row)
Staking and rewardsNot provided in supplied evidence (native staking details not present)
Lending borrowingNot provided in supplied evidence (third-party lending/yield details not present)
Interest or yieldNot provided in supplied evidence (third-party lending/yield details not present)
Derivatives and prediction productsNot provided in supplied evidence (perpetuals/derivatives details not present)
Treasury and revenueNot provided in supplied evidence (governance/treasury fields are null in the referenced row)
Backing redemption or collateralNot provided in supplied evidence (tokenomics fields are null in the referenced row)
Plain language profileMarketplace/liquidity ecosystem on Solana (no on-chain/purpose details provided in supplied evidence) ERC20/utility role not provided in supplied evidence (tokenomics/utility fields are null in the referenced row)
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T14:22:41.036773+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T16:50:22.997292+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

Fasset report’s detailed source fields for RAY (all “source_detail_fields” shown as null in the supplied evidence, including token utility, tokenomics, governance model, smart-contract capability, and verdict-impermissibility dimensions). · Any explicit statement in the supplied evidence about RAY native staking mechanics (if any), including whether the staking is native vs third-party. · Any explicit statement in the supplied evidence about third-party lending/yield products involving RAY (and whether those yields are part of Raydium or external integrations). · Any explicit statement in the supplied evidence about derivatives/perpetual products tied to RAY. · Any explicit statement in the supplied evidence about treasury, governance, fee-sharing, or redemption/backing specifics for RAY.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:22 UTC
Published2026-07-24 16:50:22 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 16:50:22 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 16:50:22 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:22 UTC · Hilal Markets · start → published

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