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Current published record

The Sandbox

SAND · ethereum · 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 16:50:30 UTC
Published2026-07-24 16:50:30 UTC
Evidence last checked2026-07-24 14:40:52 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 16:50:30 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 16:50:30 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 nameThe Sandbox
SymbolSAND
Networkethereum
TypeToken
Identity stateVerified
Identity checkedDate not kept
Contract addresses3
ethereum 0x3845badade8e6dff049820680d1f14bd3903a5d0
base 0xac531eb26ca1d21b85126de8fb87e80e09002dcf
polygon-pos 0xbbba073c31bf03b8acf7c28ef0738decf3695683

Where it trades

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

Binance · SAND/USDT · spot Trading now
Bybit · SAND/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 · be922b0d-1e21-4e1b-9f37-d4c37cc4080c · db7a8525-df25-415b-9651-488f08d31489

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · be922b0d-1e21-4e1b-9f37-d4c37cc4080c · db7a8525-df25-415b-9651-488f08d31489

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · be922b0d-1e21-4e1b-9f37-d4c37cc4080c · db7a8525-df25-415b-9651-488f08d31489

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · be922b0d-1e21-4e1b-9f37-d4c37cc4080c · db7a8525-df25-415b-9651-488f08d31489

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · be922b0d-1e21-4e1b-9f37-d4c37cc4080c · db7a8525-df25-415b-9651-488f08d31489

Sources

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

The Sandbox 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 14:40:26 UTC

Open the source

Technical details
Saved copydb7a8525-df25-415b-9651-488f08d31489
Fingerprint5dfe7658653c8fc8e46e37e4387012f7cbcb11b12fc34f97dc2e84c0799d4c65
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Fasset Shariah Report: The Sandbox Available

Explicit retained verdict: Shariah Compliant; source reference: profile:106.

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://www.sandbox.game/en/
Official documentationhttps://installers.sandbox.game/The_Sandbox_Whitepaper_2020.pdf
Primary activityBlockchain-based virtual world / gaming platform with NFTs, where users create, own, monetize in-game assets (ASSETS), and participate in governance via SAND (per provided whitepaper excerpts).
Token role and utilitySAND is described as an ERC-20 utility token and governance token for platform transactions, governance/DAO voting, and staking-related rewards (per provided whitepaper excerpts).
Asset typetoken
Governance modelThe whitepaper describes governance via a DAO (SAND holders voting) and mentions a Foundation Pool and other stakeholder allocations, including a Company Treasury and Company Reserve with described lock-ups (per the excerpted sections).
TokenomicsThe provided whitepaper excerpts describe SAND as an ERC-20 utility token; it outlines uses, staking/fee capture allocation, and stakeholder revenue streams/allocations. No evidence is provided here about any reserve backing mechanism for SAND beyond the stated ecosystem fee/revenue model.
Staking and rewardsThe whitepaper states SAND allows staking to earn passive revenues (linked to LAND) and as the only way (per the text) to obtain Gems and Catalysts needed for ASSET creation; it also describes a fee allocation model where 50% of transaction fees go to a Staking Pool (per the excerpted sections).
Lending borrowingNo lending/borrow or yield-from-lending mechanism is described in the provided evidence.
Interest or yieldNo lending/borrow or yield-from-lending mechanism is described in the provided evidence.
Derivatives and prediction productsNo derivative products (options/perps/structured notes) are described in the provided evidence.
Treasury and revenueThe whitepaper describes governance via a DAO (SAND holders voting) and mentions a Foundation Pool and other stakeholder allocations, including a Company Treasury and Company Reserve with described lock-ups (per the excerpted sections).
Backing redemption or collateralThe provided whitepaper excerpts describe SAND as an ERC-20 utility token; it outlines uses, staking/fee capture allocation, and stakeholder revenue streams/allocations. No evidence is provided here about any reserve backing mechanism for SAND beyond the stated ecosystem fee/revenue model.
Plain language profileBlockchain-based virtual world / gaming platform with NFTs, where users create, own, monetize in-game assets (ASSETS), and participate in governance via SAND (per provided whitepaper excerpts). SAND is described as an ERC-20 utility token and governance token for platform transactions, governance/DAO voting, and staking-related rewards (per provided whitepaper excerpts).
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T14:40:52.691862+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T16:50:30.105814+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

Specific Fasset Shariah Reports row/decision content for canonical_id ef507bf5-3faa-42b5-bdb9-3ed6c86596cb (The Sandbox / SAND), including any noncompliance/limitations and the definitive external status evidence for this asset. · Any explicit breakdown from the provided evidence tying the external Shariah conclusion to SAND’s actual smart-contract behavior (beyond the general whitepaper description of staking/fee capture). · Evidence for whether the SAND token is used in any prohibited structures (e.g., specific interest-bearing lending, leveraged/derivative products, or wrapped-token uses) on any exchanges/products connected to the asset—none is provided in the supplied material.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:30 UTC
Published2026-07-24 16:50:30 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 16:50:30 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 16:50:30 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:30 UTC · Hilal Markets · start → published

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