Skip to content
Back to the Passport

Hilal Markets · Shariah Evidence report

Pax Dollar (USDP)

Fasset Shariah Reports v2026.07-pack.1 · Passport version 1

Eligible

Printed from Hilal Markets. Evidence last checked 2026-07-24 17:09:34 UTC.

1. The result

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.

ResultEligible
Standard usedFasset Shariah Reports v2026.07-pack.1
Decision made2026-07-24 17:11:21 UTC
Published2026-07-24 17:11:21 UTC
Evidence last checked2026-07-24 17:09:34 UTC
Evidence expires2026-07-25 07:26:50 UTC
Next source check2026-08-04 17:15:42 UTC

This is a screening result for the coin itself, 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.

2. Why

  • 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.

3. What this covers

UseCovered?Reason and scopeChecked
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.
Reviewer-approved use decision
2026-07-24 17:11:21 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.
Reviewer-approved use decision
2026-07-24 17:11:21 UTC

4. Which coin exactly

Official namePax Dollar
SymbolUSDP
Networkethereum
TypeToken
Identity stateVerified
Identity checkedDate not kept
Contract on ethereum0x8e870d67f660d95d5be530380d0ec0bd388289e1
Contract on solanaHVbpJAQGNpkgBaYBZQBR1t7yFdvaYVp2vCQQfKKEN4tM

Where it trades

ExchangeMarketTypeTrading now?
BinanceUSDP/USDTspotYes

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

5. Rule by rule

RuleOutcomeReviewer explanationEvidence and gaps
Canonical asset identity Pass No explanation was added. f8cef110-0383-49c2-81df-761ce429a9e0 · 2f33e95c-a000-4d4f-a111-ece7cdbdad5e · 0a2bce5c-6bbb-4f4c-bba9-cf8955f0d79c
Published Fasset reference Pass No explanation was added. f8cef110-0383-49c2-81df-761ce429a9e0 · 2f33e95c-a000-4d4f-a111-ece7cdbdad5e · 0a2bce5c-6bbb-4f4c-bba9-cf8955f0d79c
Evidence completeness and freshness Pass No explanation was added. f8cef110-0383-49c2-81df-761ce429a9e0 · 2f33e95c-a000-4d4f-a111-ece7cdbdad5e · 0a2bce5c-6bbb-4f4c-bba9-cf8955f0d79c
Source scope and exact asset match Pass No explanation was added. f8cef110-0383-49c2-81df-761ce429a9e0 · 2f33e95c-a000-4d4f-a111-ece7cdbdad5e · 0a2bce5c-6bbb-4f4c-bba9-cf8955f0d79c
HilalMarkets use-specific factual review Pass No explanation was added. f8cef110-0383-49c2-81df-761ce429a9e0 · 2f33e95c-a000-4d4f-a111-ece7cdbdad5e · 0a2bce5c-6bbb-4f4c-bba9-cf8955f0d79c

6. Sources

SourcePublisherAvailable?TakenSaved copy and fingerprint
Pax Dollar official website
https://www.paxos.com/standard/
Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.
Official project source Available 2026-07-24 17:09:08 UTC 2f33e95c-a000-4d4f-a111-ece7cdbdad5e
677971e69b80ac2054ceb86ce678b129a3ba6b540febd2e510c73aecc3778de1
Fasset Shariah Report: USDP
https://www.fasset.com/shariah-reports/
Explicit retained verdict: Shariah Compliant; source reference: profile:122.
Fasset Available 2026-07-24 07:26:50 UTC f8cef110-0383-49c2-81df-761ce429a9e0
1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028

A live link can change after this report was printed. The saved copy and its fingerprint cannot.

7. Decision and history

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 17:11:21 UTC
Published2026-07-24 17:11:21 UTC
ReasonAutomatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.
Integrity fingerprint15cab22b083901835f31388eaf189922e877be8d4de748d79c20382530bd6080
WhenWhat happenedWhoChange
2026-07-24 17:11:21 UTC 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.
Amr start → approved
2026-07-24 17:11:21 UTC 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.
External authority reference automation start → eligible
2026-07-24 17:11:21 UTC Published
The reviewed decision was published as an immutable Passport version.
Hilal Markets start → published