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Current published record

Sonic

S · Sonic · 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 17:26:30 UTC
Published2026-07-24 17:26:30 UTC
Evidence last checked2026-07-24 14:33:30 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 17:26:30 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 17:26:30 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 nameSonic
SymbolS
NetworkSonic
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 · S/USDT · spot Trading now
Bybit · S/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 · 9c7b5fe8-fac2-4764-80ec-2dbb43ad485e · 524a47be-6ac6-4a6e-8703-2e7fdd81aeff

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 9c7b5fe8-fac2-4764-80ec-2dbb43ad485e · 524a47be-6ac6-4a6e-8703-2e7fdd81aeff

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 9c7b5fe8-fac2-4764-80ec-2dbb43ad485e · 524a47be-6ac6-4a6e-8703-2e7fdd81aeff

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 9c7b5fe8-fac2-4764-80ec-2dbb43ad485e · 524a47be-6ac6-4a6e-8703-2e7fdd81aeff

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 9c7b5fe8-fac2-4764-80ec-2dbb43ad485e · 524a47be-6ac6-4a6e-8703-2e7fdd81aeff

Sources

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

Sonic 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 14:33:16 UTC

Open the source

Technical details
Saved copy524a47be-6ac6-4a6e-8703-2e7fdd81aeff
Fingerprint9adc72a13da2d3bceeb9724731e4cac3e0025f2bf129d4bb474942418c436508
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Sonic 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 14:33:14 UTC

Open the source

Technical details
Saved copyOlder record
Fingerprint2e621aaba781f5b0de83826804898e05ba3f1397e571383be5caf3bddc66fbbf
Reader versionNot kept
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Fasset Shariah Report: Sonic Available

Explicit retained verdict: Shariah Compliant; source reference: profile:89.

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://soniclabs.com/
Official documentationhttps://www.soniclabs.com/litepaper
Primary activityEVM-compatible Layer-1 blockchain marketing page and materials (e.g., “Sonic is the highest-performing EVM L1”).
Token role and utilityS is described as the token that users can stake (“Stake S tokens to secure the Sonic network and earn rewards”). The site also mentions a flagship stablecoin (USSD) but this is not the same as the native token S.
Asset typenative_coin
Governance modelNot evidenced in the supplied official sources (no treasury/governance mechanism details provided).
TokenomicsNot evidenced for the token S in the supplied official sources. (The site separately claims USSD is “backed 1:1 by U.S. Treasuries,” but that pertains to USSD, not S.)
Staking and rewardsNative staking is supported/encouraged by the project website as: stake S tokens to secure the network and earn rewards.
Lending borrowingNot evidenced in the supplied official sources (no lending/yield product description provided).
Interest or yieldNot evidenced in the supplied official sources (no lending/yield product description provided).
Derivatives and prediction productsNot evidenced in the supplied official sources (no derivatives product description provided).
Treasury and revenueNot evidenced in the supplied official sources (no treasury/governance mechanism details provided).
Backing redemption or collateralNot evidenced for the token S in the supplied official sources. (The site separately claims USSD is “backed 1:1 by U.S. Treasuries,” but that pertains to USSD, not S.)
Plain language profileEVM-compatible Layer-1 blockchain marketing page and materials (e.g., “Sonic is the highest-performing EVM L1”). S is described as the token that users can stake (“Stake S tokens to secure the Sonic network and earn rewards”). The site also mentions a flagship stablecoin (USSD) but this is not the same as the native token S.
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T14:33:30.974558+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T17:26:30.929972+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

No supplied evidence shows Sonic (token S) itself listed in the Fasset “Shariah Compliant” rows for this asset; therefore the asset-level external status for S is not evidenced. · No official documentation/whitepaper content was actually provided (the supplied whitepaper snapshot is only a page shell/loading indicator, without extractable text). · No specifics for S tokenomics (supply, distribution, emissions schedule, lockups), besides the general “stake to earn rewards” statement. · No details about how staking rewards are funded/issued for S (e.g., inflationary vs. fees-based), and whether any part resembles prohibited structures (not assessable from provided sources). · No evidence about treasury management, governance voting, or validator/staker governance mechanics for S. · No evidence about whether Sonic uses any embedded lending, yield-bearing vaults, or derivative-like products (not evidenced in supplied sources).

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 17:26:30 UTC
Published2026-07-24 17:26:30 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 17:26:30 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 17:26:30 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 17:26:30 UTC · Hilal Markets · start → published

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