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Monero XMR

Privacy coin
StatusRaises serious concerns
Live price

What it is

A coin engineered to make transactions private and untraceable.

Why this assessment

Strong anonymity raises a real concern about facilitating unlawful (haram) activity, which weighs against it for many scholars despite its technical merit.

Key considerations

Illicit-use riskGharar (uncertainty)
This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.