GRT
The Graph (GRT)
Is GRT Halal?
Blockchain data indexing — utility token for querying data.
What You Should Know
The Graph's current Graph Horizon documentation describes Indexers staking GRT to provide query and indexing services, with Delegators sharing query-fee and indexing rewards. It has genuine data-service utility, but inflation-funded rewards, slashing and speculation remain school-dependent.
⚠️ Concerns
- •Delegated indexing rewards
- •Protocol inflation
- •Speculation
Current quantitative Sharia screen
Based on Protocol reference figures for the period ended 2026-07-14; calculated 2026-07-14.
- Financial
- Not calculated
- Overall
- Incomplete
Issuer balance-sheet and revenue ratios do not apply to a decentralized data-indexing token.
- Financial
- Not calculated
- Overall
- Incomplete
No issuer balance sheet or revenue denominator exists for an issuer-style MSCI calculation.
- Financial
- Not calculated
- Overall
- Incomplete
Issuer financial ratios do not apply to a decentralized data-indexing token.
- Financial
- Not calculated
- Overall
- Incomplete
Token market capitalization is not an issuer-equity denominator and cannot replace company financial statements.
Business-activity disclosure
GRT supports decentralized blockchain data indexing, query processing, curation and delegation. Serving data is a genuine utility activity, but delegated indexing rewards, inflation, slashing and downstream application use require school-specific treatment.
Limitation: No issuer revenue, balance sheet or universal prohibited-activity numerator exists, so company-style quantitative screens cannot be applied.
Purification
No issuer income stream exists for a standardized purification calculation; indexing and delegation rewards require a qualified scholar's treatment.
Inputs, assumptions and primary sources
- GRT is the utility token of a decentralized indexing network, not an operating company or fund with issuer financial statements.
- The Graph documents describe Indexers staking GRT to provide query and indexing services, Delegators earning a share of indexer rewards, query-fee rebates and a 3% annual protocol-wide inflation reward stream; current Graph Horizon rules include a 28-day undelegation period and future slashability capability.
- Debt, liquidity, receivables and income ratios are not economically applicable; placeholder inputs exist only for the shared record schema and are not a financial classification.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Crypto
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →