Are Stablecoins Halal? Understanding the Structures Behind the Stability
Mufti Billal Mufti Billal

Are Stablecoins Halal? Understanding the Structures Behind the Stability

Stablecoins promise stability in a volatile crypto world—but not all are built the same.
This article explores the five main types of stablecoins—fiat-backed, crypto-collateralized, algorithmic, synthetic, and commodity-backed—and assesses their compatibility with Islamic finance. From riba-based reserves to derivative-backed structures, we unpack the key Shariah concerns every Muslim investor should understand.

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Delta Hedging in Crypto: Why It's Not Halal
Mufti Billal Mufti Billal

Delta Hedging in Crypto: Why It's Not Halal

Delta hedging is widely used in crypto markets to manage price risk, but its reliance on non-Shariah-compliant tools like conventional options, short selling, and interest-based leverage renders it impermissible in Islamic finance. This article explains the concept in simple terms and presents two halal alternatives—asset pairing and tokenized real assets—that can help Muslim investors manage volatility without compromising their faith.

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