Skip to content

Current published record

Stellar

XLM · Stellar · 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 HilalMarkets use-specific coverage is shown separately and does not infer unpublished SC reasoning.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 made2024-12-10 00:00:00 UTC
Published2026-07-24 16:50:19 UTC
Evidence last checked2026-07-24 16:23:27 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 16:50:18 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 16:50:18 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 nameStellar
SymbolXLM
NetworkStellar
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 · XLM/USDT · spot Trading now
Bybit · XLM/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 · 720b75c0-1cf5-4e44-87a3-d565b5976390 · 8c24e049-9448-4eb5-8098-8af7ed557cd1 · f15ccdff-6f14-4c26-9edc-85fec82a7cf1 · 7bf787d6-9837-4fa3-b218-73a3ed4d080e

Published SC Malaysia SAC reference Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 720b75c0-1cf5-4e44-87a3-d565b5976390 · 8c24e049-9448-4eb5-8098-8af7ed557cd1 · f15ccdff-6f14-4c26-9edc-85fec82a7cf1 · 7bf787d6-9837-4fa3-b218-73a3ed4d080e

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 720b75c0-1cf5-4e44-87a3-d565b5976390 · 8c24e049-9448-4eb5-8098-8af7ed557cd1 · f15ccdff-6f14-4c26-9edc-85fec82a7cf1 · 7bf787d6-9837-4fa3-b218-73a3ed4d080e

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 720b75c0-1cf5-4e44-87a3-d565b5976390 · 8c24e049-9448-4eb5-8098-8af7ed557cd1 · f15ccdff-6f14-4c26-9edc-85fec82a7cf1 · 7bf787d6-9837-4fa3-b218-73a3ed4d080e

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: 3689f661-0a92-4170-8e26-436b853a586a · 720b75c0-1cf5-4e44-87a3-d565b5976390 · 8c24e049-9448-4eb5-8098-8af7ed557cd1 · f15ccdff-6f14-4c26-9edc-85fec82a7cf1 · 7bf787d6-9837-4fa3-b218-73a3ed4d080e

Sources

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

Stellar 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 16:23:04 UTC

Open the source

Technical details
Saved copyf15ccdff-6f14-4c26-9edc-85fec82a7cf1
Fingerprint1fa2ba6c2ddea9a0dabf3a81b0b1e87dce6266488e5c29a02a0b30b807311255
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Stellar 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 16:23:00 UTC

Open the source

Technical details
Saved copy8c24e049-9448-4eb5-8098-8af7ed557cd1
Fingerprint3fa8fc1eb6ac142e04f6e83fd2b7811cd733ed40a71e6d0c32231e441d10120a
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Stellar 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 16:22:57 UTC

Open the source

Technical details
Saved copy720b75c0-1cf5-4e44-87a3-d565b5976390
Fingerprint3fa8fc1eb6ac142e04f6e83fd2b7811cd733ed40a71e6d0c32231e441d10120a
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
SC Malaysia Digital Assets Available

Exact imported wording: Shariah-compliant; 286th SAC Meeting, 2024-12-10.

Securities Commission Malaysia · taken 2026-07-16 01:31:01 UTC · published 2024-12-10 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://stellar.org/
Official documentationhttps://developers.stellar.org/docs/
Primary activityBlockchain network used for payments, asset tokenization, and DeFi (described on stellar.org homepage; also described in Stellar consensus material).
Token role and utilityNot specified in the supplied official-source evidence for XLM token-specific functionality.
Asset typenative_coin
Governance modelNo treasury/governance/tokenholder governance mechanism details found in the supplied official-source evidence.
TokenomicsNo tokenomics/backing details found in the supplied official-source evidence.
Staking and rewardsNo native staking or validator staking details found in the supplied official-source evidence.
Lending borrowingNo lending/yield activity details found in the supplied official-source evidence (and no third-party yield integrations provided).
Interest or yieldNo lending/yield activity details found in the supplied official-source evidence (and no third-party yield integrations provided).
Derivatives and prediction productsNo derivatives information found in the supplied official-source evidence.
Treasury and revenueNo treasury/governance/tokenholder governance mechanism details found in the supplied official-source evidence.
Backing redemption or collateralNo tokenomics/backing details found in the supplied official-source evidence.
Plain language profileBlockchain network used for payments, asset tokenization, and DeFi (described on stellar.org homepage; also described in Stellar consensus material). Not specified in the supplied official-source evidence for XLM token-specific functionality.
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T16:23:27.131933+00:00
Evidence expires at2026-07-17T01:31:01.978275+00:00
Next governance review at2026-07-25T16:50:19.030552+00:00
NoticeHilalMarkets factual research is not SC Malaysia's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

XLM-specific token role (e.g., whether XLM is used for fees, staking/consensus participation, or any other specific utility) is not explicitly stated in the supplied evidence. · Native staking details for the Stellar network/any XLM staking/validator mechanism are not included in the supplied evidence. · Any native or third-party lending/yield integrations, programs, or reward structures are not included in the supplied evidence. · Any derivatives structures (native or platform-based) connected to XLM are not included in the supplied evidence. · Any treasury/governance mechanism tied to tokenholders or protocol governance is not included in the supplied evidence. · Tokenomics/backing details (supply schedule, issuance, reserves, or collateral/backing claims) are not included in the supplied evidence. · The SAC decision content (the package_authority content is withheld from AI) and any coin-specific rationale behind the Stellar status are not included in the supplied evidence.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:18 UTC
Published2026-07-24 16:50:19 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 16:50:18 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 16:50:19 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:19 UTC · Hilal Markets · start → published

Something looks wrong?

Your report opens a review item for a person to look at. It never changes a published result by itself.

Sign in to send a report. It takes a free account, so a reviewer can write back to you about it.

Sign in to report a problem

Your privacy choices

Essential storage supports security and your choices. Optional analytics runs only after you allow it and must not receive private Watchlist text, credentials, or direct identifiers. Read the Cookie Policy.