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Is XRP (XRP) halal?

Questionable

No condition fails, but 1 point remains to be verified or falls under a tolerated case.

Verdict calculated by Halal Bourse's published rules from an investigation of primary sources (project documentation, registers, decisions), conducted on 10/05/2026 and not reviewed by a human.

Open the evidence file

The asset

native currency of the XRP Ledger (public ledger for payments and tokens) Issuer: No issuer in the strict sense: the 100 billion XRP were created at the ledger's origin; 80 billion were given to Ripple, which still holds a large share, part of it in escrow.

XRP pays the (burned) cost of XRP Ledger transactions, makes up the minimum reserve of accounts and serves as a bridge currency on the ledger's decentralized exchange. About 63.09 billion XRP are in circulation on October 5, 2026 according to CoinGecko, at a price of $1.50.

Why this verdict

  1. Permissible purpose : met. XRP pays XRP Ledger fees, supplies each account's minimum reserve and acts as a bridge currency on the ledger's decentralized exchange. No main purpose of gambling, interest-bearing lending or impermissible content is found.
    • « XRP is the cryptocurrency supported by the XRP Ledger. » XRP Ledger (documentation, What is XRP ?) (2026-10-05)
    • « XRP acts as a native bridge asset in the XRP Ledger's (XRPL) decentralized exchange (DEX), powering instant settlement with deterministic finality. » Ripple (page XRP) (2026-10-05)
  2. No riba : met. The ledger documentation provides no yield for simple holding: transaction costs are paid to no one but burned, and the token has no native reward system, mining or staking. Yields exist alongside, through products built on the ledger (see other findings).
  3. No gambling : met. A spot purchase is of an asset recorded in a public ledger, transferable between addresses (Ripple counts more than 6.7 million XRP wallets) and priced at $1.50 on October 5, 2026; it is not a contract on a price difference.
  4. No excessive gharar : met. The supply of 100 billion XRP, the donation of 80 billion to Ripple and the escrow of 55 billion (32.6 billion still in escrow as of June 30, 2026) are documented by Ripple and by the ledger documentation. Ripple decides its XRP sales, which are not scheduled in detail in the sources read (see c6 and gaps).
  5. Real ownership : met. XRP is held in an account controlled by the holder's private key; the documentation states that the freeze feature provided for issued tokens does not apply to XRP.
  6. No fraud or manipulation : to be verified or tolerated case. The SEC obtained a final judgment against Ripple (civil penalty of $125,035,150 and an injunction on institutional sales) for unregistered XRP sales; the appeals were withdrawn on August 7, 2025 and the judgment remains in force. No deception of retail buyers is established in the sources read, but Ripple holds 37.66% of the supply (calculated share) and has sold XRP on a regular basis.
    • « $125,035,150 civil penalty against Ripple » SEC (Litigation Release 26369) (2025-08-07)
    • « Ripple will pay a $125 million civil penalty to resolve charges tied to its institutional sales of XRP. » Crypto Briefing (2025-08)
  7. Réseau ouvert et généraliste : met. un outil neutre
    • « Currently, the default configuration for XRP Ledger servers uses two lists: one published by the XRP Ledger Foundation, and one published by Ripple. » XRP Ledger (documentation, UNL) (2026-10-05)
    • « Anyone can publish a signed list of validators in the correct format » XRP Ledger (documentation, UNL) (2026-10-05)

Tolerance case

T1. XRP is the native currency of the XRP Ledger, a public ledger on which anyone can publish a validator list; it is used for payments, exchanges and token creation. T1 is retained with reservations: the default configuration relies on two validator lists, one published by the ledger's foundation, the other by Ripple, and Ripple holds 37.66% of the supply. T2: no share of impermissible income at Ripple found.

Opinions found during the research

Opinions reported as read, named for what they are; they do not enter into the calculation of the verdict.

What could not be verified

Sources read

Other cryptos analyzed

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