Coin verdict · AI / decentralised services · Updated 2026-04-26
Is SingularityNET (AGIX) halal?
SingularityNET is a decentralised AI services marketplace. AGIX is the utility token. Like OCEAN and FET, AGIX is part of the ASI Alliance. Productive AI-services infrastructure; spot AGIX passes our gates.
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Verdict
Per AAOIFI-aligned framework, our screening shows: Per AAOIFI-aligned framework, spot AGIX passes our gates.
Our framework uses an AAOIFI-aligned methodology, with Saudi Permanent Committee for Scholarly Research and Ifta and leading Saudi Islamic banks guidance.
Gate-by-gate analysis
Riba (interest)
PassSpot AGIX has no embedded interest. Native staking is not used by our bot.
Gharar (uncertainty)
PassAsset specifications, supply schedule, and on-chain settlement are publicly verifiable. Spot ownership transfers cleanly with no embedded contingent payoffs. ASI Alliance integration is publicly documented.
Maysir (gambling)
PassSpot purchase is direct ownership of a defined asset, not a wager. Our bot never places leverage, futures, perpetuals, options, or margin trades — eliminating the maysir vector at execution.
Haram-sector exposure
PassAI services marketplace is productive economic activity.
Liquidity
PassAGIX clears Moderate and Multi-X gates.
Final verdict
Per AAOIFI-aligned framework, spot AGIX passes our gates.
Caveats and notes
- Staking yield not used by bot.
- ASI Alliance integration is ongoing.
FAQs about SingularityNET
›Is SingularityNET (AGIX) halal?
Per AAOIFI-aligned framework, spot AGIX passes structural gates.
›Is AGIX staking halal?
Open debate; bot holds spot only.
›Which tier trades AGIX?
Moderate and Multi-X.
›Is AI services marketplace productive?
Yes — productive economic activity.
›Does AGIX pay interest?
Spot AGIX has no embedded yield.
Further reading
- Is crypto halal?
The full Shariah picture — riba, gharar, maysir, and how spot trading earns a permissive verdict.
- Halal crypto vs cash
Inflation, opportunity cost, and the case for putting some halal capital to work.
- Halal trading strategy
Asymmetric multi-X targeting (3% in 4h, 5% in 1h, pyramid). No scalping, no leverage.
- Why not derivatives, futures, margin
Why every leverage product, perp, and option is structurally excluded from every tier.
- Shariah-compliant strategies
Position sizing, stop logic, profit cadence — all derived from our halal mandate.
Last updated 2026-04-26. Author: HalalCrypto Research Team. Information only — not financial or Shariah advice. Make your own taqlid choice.