🕌 Is Project $FET (Fetch.ai) Halal? | Simplified Sharia Analysis
🔍 Quick Overview:
The Fetch.ai project is a network based on artificial intelligence and blockchain, aiming to automate transactions through "smart agents" that can perform tasks such as pricing, bookings, and energy exchange without human intervention.
📜 Sharia Analysis:
1. ✅ The primary activity is permissible:
The project offers technological services in artificial intelligence – which is generally permissible as long as it is not used for prohibited purposes.
2. ✅ The FET token does not represent ownership in a company, nor does it provide interest-based profits.
3. ❌ No gambling or usury:
There are no contracts involving excessive uncertainty, nor are there interest or guaranteed profits, which keeps the project away from Sharia prohibitions.
4. ✅ Usage within the network is permissible:
$FET is used as a medium for exchanging services within the platform, without any suspicions of usury or gambling.
📌 Conclusion:
Based on the current data, the Fetch.ai project ($FET) is Sharia-compliant, unless used in harmful applications or prohibited activities in the future.
And Allah knows best.
📉 Price Chart $FET
