Is Morpho (MORPHO) halal?
1 condition out of six fails.
Automatic classification based on CoinMarketCap tags and the contract scan, without investigation: the verdict covers only what this data establishes.
The asset
Project classified as “interest-bearing lending and borrowing” by CoinMarketCap tags Issuer: Token on Ethereum.
Morpho (MORPHO) is a cryptocurrency launched in 2024and operates on the Ethereum platform. Morpho has a current supply of 999,999,999.80103273 with 532,608,525.72521693 in circulation. The last known price of Morpho is 2.52418367 USD and is down -7.06 over the last 24 hours. It is currently trading on 283 active market(s) with $25,852,357.37 traded over the last 24 hours. More information can be found at https://morpho.org/.
Why this verdict
- Permissible purpose : not met. The project's main purpose falls under: interest-bearing lending and borrowing (CoinMarketCap tags). Rule A.8: an impermissible purpose fails the condition. Automatic classification based on the data, not investigated.
- « Tags : lending-borowing » CoinMarketCap (tags and profile description) (2026-10-07)
- No riba : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
- No gambling : to be verified or tolerated case. According to its tags, the project is based on bets or contracts on price differences.
- « Tags : lending-borowing » CoinMarketCap (tags and profile description) (2026-10-07)
- No excessive gharar : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
- Real ownership : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
- No fraud or manipulation : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
- « is_honeypot ?, is_mintable ?, is_proxy 1, is_blacklisted ?, transfer_pausable ?, sell_tax 0 » GoPlus Security (API token_security) (2026-10-07)
Contract security scan
GoPlus scan of the Ethereum contract 0x58D97B57BB95320F9a05dC918Aef65434969c2B2: code published, top ten non-exchange wallets 8.8%, signals: Upgradeable proxy contract: the code can change after the fact.
What could not be verified
- Profile produced by automatic pre-screening (CoinMarketCap, GoPlus) on 2026-10-07: no project page was read and no scholar opinion was collected. Only the project's purpose (or a technical fraud) is established; the other conditions are not examined. A full investigation can be requested.
Sources read
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General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology