Promote Ethical Investing
Encouraging investments that are Sharia-compliant and ethically sound.
CoinStudy helps Muslim investors discover Sharia-compliant cryptocurrencies through transparent research, structured analysis, and Islamic finance principles.
Our mission is to help Muslim investors navigate the rapidly evolving digital asset ecosystem while remaining aligned with Sharia-compliant financial ethics.
To provide transparent, research-driven evaluations of cryptocurrencies based on established Islamic finance principles.
Encouraging investments that are Sharia-compliant and ethically sound.
Delivering easy-to-understand research and fatwas for investors.
Connecting Islamic finance principles with blockchain and digital innovation.
Supporting Muslim investors with tools, knowledge and transparency.
We evaluate digital assets using the CoinStudy Halal Crypto Standard (HCS), our proprietary methodology that examines multiple Sharia principles before assigning a halal compliance score.
Riba Exposure
Not an interest-based lending or borrowing protocol
Gambling / Betting
No gambling or betting mechanism
Haram Industry
Not involved in haram industry
Guaranteed Interest
No guaranteed-yield obligations
Synthetic Interest Products
No synthetic interest instruments
Only eligible projects move forward. Assets must pass Layer 1 screening before receiving a full HCS score.
Financial Exposure Risk
Indirect financial exposure to interest-based & yield products
Gharar / Uncertainty
Clarity in contracts and absence of excessive uncertainty
Maysir / Speculation
No gambling-like mechanics or high speculation design
Underlying Business Activity
The nature of the project's core business is permissible
Utility / Real Use
Genuine utility and real economic value
Tokenomics Fairness
Fair distribution, no exploitation, sustainable tokenomics
Transparency & Governance
Open-source, audited, clear governance structure
CoinStudy is an initiative of ST Commodity Trading & Advisory Services Ltd.
ST Commodity Trading & Advisory Services Ltd. is a company incorporated in Nairobi, Kenya.
The organization is engaged in commodity trading, financial research and advisory services.
Through CoinStudy, we aim to contribute to the development of ethical financial infrastructure for Muslim investors worldwide, with a focus on transparency, Sharia compliance and long-term value creation.
Company Registration No.
PVT-ZQUJ5L9
Date of Registration
7 August 2018
Jurisdiction
Republic of Kenya
Registered Office
House No 1, Wangapala Road, Parklands, Nairobi
Postal Address
P.O. Box 14414 – 00800, Westlands
Directors & Shareholders
CoinStudy follows a structured Sharia oversight process to ensure every review is handled with clarity, consistency, and responsibility. Our governance approach is built around Islamic finance principles, transparent methodology, and careful evaluation of each crypto asset. Projects are screened for red-line violations before moving into detailed HCS scoring.
Each score reflects key factors such as Financial Exposure Risk, Gharar, Maysir, utility, tokenomics, and transparency. This helps users understand not only the final status, but also the reasoning behind it. Our goal is to make halal crypto research more accessible, reliable, and easy to understand. CoinStudy provides educational guidance only and encourages users to consult qualified scholars for personal rulings.
Meet Our Sharia Board
Our evaluations are conducted independently with no external influence from projects.
Our methodology, scoring factors and criteria are publicly available.
We do not accept payment for ratings, listings or favourable reviews.
Ratings are reviewed regularly as new information and data become available.
CoinStudy was created to help Muslim investors navigate the crypto world with more clarity, confidence, and responsibility. As digital assets continue to grow, many users are left unsure about what is Halal, Doubtful, or Haram. Our mission is to make Sharia-focused crypto research easier to access through structured analysis, transparent scoring, and educational guidance. We built CoinStudy to bridge the gap between Islamic finance principles and modern Web3 innovation.
Every feature, from the HCS score to the AI Checker, is designed to support better-informed decisions. This platform is not a replacement for qualified scholars, but a research tool to help users ask better questions and understand the risks more clearly. We hope CoinStudy becomes a trusted resource for ethical, transparent, and Sharia-conscious crypto participation.
Sufwan Tariq
Founder, CoinStudy
CoinStudy is supported by a global community of researchers, contributors, ambassadors and crypto enthusiasts who believe in ethical innovation and financial responsibility.
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