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Current published record

Solana

SOL · Solana · Token

4 standards reviewed this coin. Each one reaches its own result. Nothing is averaged. Choose one to read its result.

Eligible

The official SC Malaysia asset-level reference records this asset as Shariah-compliant. HilalMarkets use-specific coverage is shown separately and does not infer unpublished SC reasoning.

Standard usedSC Malaysia SAC Digital Assets Reference v2026.07-pack.1
Decision made2023-01-12 00:00:00 UTC
Published2026-07-24 17:37:46 UTC
Evidence last checked2026-07-24 16:22:07 UTC
Evidence expires2026-07-17 01:31:01 UTC
Next source check2026-10-12 07:25:47 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 Shariah Advisory Council of the Securities Commission Malaysia; 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 SC Malaysia SAC 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 17:37:46 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 17:37:46 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 nameSolana
SymbolSOL
NetworkSolana
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 · SOL/USDT · spot Trading now
Bybit · SOL/USDT · spot Not 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: 3689f661-0a92-4170-8e26-436b853a586a · 8e6ded16-7e8a-4baa-a9d6-9bebf343d0be · c87c683f-eadc-4026-9020-5250ff737e4b · 824cfc48-a343-4016-b66e-f283b11aac62 · cd15189c-39ac-4940-b103-ac9e198fddc2

Published SC Malaysia SAC reference Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 8e6ded16-7e8a-4baa-a9d6-9bebf343d0be · c87c683f-eadc-4026-9020-5250ff737e4b · 824cfc48-a343-4016-b66e-f283b11aac62 · cd15189c-39ac-4940-b103-ac9e198fddc2

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 8e6ded16-7e8a-4baa-a9d6-9bebf343d0be · c87c683f-eadc-4026-9020-5250ff737e4b · 824cfc48-a343-4016-b66e-f283b11aac62 · cd15189c-39ac-4940-b103-ac9e198fddc2

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 8e6ded16-7e8a-4baa-a9d6-9bebf343d0be · c87c683f-eadc-4026-9020-5250ff737e4b · 824cfc48-a343-4016-b66e-f283b11aac62 · cd15189c-39ac-4940-b103-ac9e198fddc2

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 8e6ded16-7e8a-4baa-a9d6-9bebf343d0be · c87c683f-eadc-4026-9020-5250ff737e4b · 824cfc48-a343-4016-b66e-f283b11aac62 · cd15189c-39ac-4940-b103-ac9e198fddc2

Sources

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

Solana 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 16:21:29 UTC

Open the source

Technical details
Saved copycd15189c-39ac-4940-b103-ac9e198fddc2
Fingerprint0c73c8aaaf9bb8c273bd41f42d63abd3755491bbe5ef942a1c05d01703e3b1c0
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Solana 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 16:21:27 UTC

Open the source

Technical details
Saved copy824cfc48-a343-4016-b66e-f283b11aac62
Fingerprint4cfec5f5bf554429baa73162073ce1c652d27840a9b32b52a84810d4a8b9f788
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Solana 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 16:21:24 UTC

Open the source

Technical details
Saved copyc87c683f-eadc-4026-9020-5250ff737e4b
Fingerprint5d425432aaeb533b35217e9f83f583aa7973050e693daa4f6774856afa3fb0bd
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Shariah Review Bureau source for Solana Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 16:21:20 UTC

Open the source

Technical details
Saved copy8e6ded16-7e8a-4baa-a9d6-9bebf343d0be
Fingerprintaadcda96e30935b6783eea340116291d79c1f3107e74418025e4a2f90afebcf4
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
SC Malaysia Digital Assets Available

Exact imported wording: Shariah-compliant; 264th SAC Meeting, 2023-01-12.

Securities Commission Malaysia · taken 2026-07-16 01:31:01 UTC · published 2023-01-12 00:00:00 UTC

Open the source

Technical details
Saved copy3689f661-0a92-4170-8e26-436b853a586a
Fingerprint358d0d2139c2ec1cf0eeb9098bf31a843ad7a3712fb8d66d50dd4c2ffc21dd83
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://solana.com/
Official documentationhttps://solana.com/docs
Primary activitySolana network/ledger supporting crypto applications; SOL used for network participation (incl. staking/validation).
Token role and utilitySOL is the native token used in Solana’s Proof-of-Stake mechanism for validator participation/bonding (per Solana’s white paper) and is described by Solana as something users can stake to earn rewards (per Solana website text).
Asset typenative_coin
Governance modelNot evidenced in the supplied official-source materials.
TokenomicsNot evidenced as a complete tokenomics/backing framework in the supplied official-source materials; only general network/consensus description is provided.
Staking and rewardsNative staking/participation is described generally: Solana’s website states users can “Stake SOL and earn rewards while supporting decentralization.” Solana’s white paper describes Proof of Stake bonding/lock-up and voting as part of the consensus design.
Lending borrowingNot evidenced in the supplied official-source materials as an inherent SOL spot activity (no lending/yield product specifics provided).
Interest or yieldNot evidenced in the supplied official-source materials as an inherent SOL spot activity (no lending/yield product specifics provided).
Derivatives and prediction productsNot evidenced in the supplied official-source materials.
Treasury and revenueNot evidenced in the supplied official-source materials.
Backing redemption or collateralNot evidenced as a complete tokenomics/backing framework in the supplied official-source materials; only general network/consensus description is provided.
Plain language profileSolana network/ledger supporting crypto applications; SOL used for network participation (incl. staking/validation). SOL is the native token used in Solana’s Proof-of-Stake mechanism for validator participation/bonding (per Solana’s white paper) and is described by Solana as something users can stake to earn rewards (per Solana website text).
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T16:22:07.393167+00:00
Evidence expires at2026-07-17T01:31:01.978275+00:00
Next governance review at2026-07-25T17:37:46.297322+00:00
NoticeHilalMarkets factual research is not SC Malaysia's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

Whether SC Malaysia SAC’s “Shariah-compliant” designation is limited to specific token uses/products beyond spot (e.g., staking mechanics, reward sources, or trading structures), because the supplied official reference is a list-style status without coin-specific rationale. · Details on SOL-specific staking reward composition, whether rewards are algorithmic/validator fees and how they are computed (not provided in the supplied official excerpts). · Any official-source evidence for SOL used in third-party lending/yield products, derivatives, or structured products (no such materials supplied). · Any official-source evidence for governance/treasury mechanisms tied to SOL (no such materials supplied). · Any official-source evidence for SOL tokenomics/backing claims beyond general consensus/network descriptions (not supplied).

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 17:37:46 UTC
Published2026-07-24 17:37:46 UTC

Automatically published the exact compliant asset-level reference from Shariah Advisory Council of the Securities Commission Malaysia; 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 Shariah Advisory Council of the Securities Commission Malaysia; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 17:37:46 UTC · Amr · start → approved
  • Status changed

    Automatically published the exact compliant asset-level reference from Shariah Advisory Council of the Securities Commission Malaysia; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 17:37:46 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 17:37:46 UTC · Hilal Markets · start → published

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