I use Kaito Pro for crypto research. Does the Haram classification of KAITO mean I cannot use Kaito Pro as a research tool?
Question context
CoinStudy's answer
Research opinion from the CoinStudy Sharia team. Not a fatwa.
Using Kaito Pro as a research tool is permissible and the Haram classification of the KAITO token does not change this. This is an important distinction that the analysis makes explicitly.
Kaito Pro is an AI-powered information aggregation and market intelligence service. Subscribers pay a fee to access research tools, narrative tracking, sentiment analysis, and market intelligence derived from social media and public data sources. This is a legitimate and valuable economic service with no inherent Sharia compliance concern. Research tools that help investors make more informed decisions represent productive economic activity.
The compliance distinction in this situation is between purchasing a service and holding equity in a company. These are two fundamentally different financial relationships and Islamic finance treats them differently.
When you subscribe to Kaito Pro you are purchasing a research service. The company you pay for that service also operates a prediction market product, but you are transacting with them for a permissible service rather than owning a stake in their overall business. This is similar to how a Muslim might use a conventional bank's ATM for cash withdrawal without holding shares in that bank. The interaction for a specific permissible service is evaluated differently from ownership of the business.
When you hold KAITO tokens you are holding equity in Kaito as a platform whose primary 2026 strategic direction is building prediction markets. This is ownership in the business rather than purchase of a specific service.
If CoinStudy's own research required access to a tool like Kaito Pro for the intelligence gathering that informs our coin analyses, using that tool would be permissible. Holding KAITO tokens would not be.
The practical guidance is therefore straightforward. Continue using Kaito Pro if you find it valuable for research. Do not hold KAITO tokens. The service is permissible. The equity stake in the business building prediction markets is not.