AXIE infinity coin on binance


I would like to know if its halal to purchase AXIE infinity coin from binance to sell in future at a higher price.?
Please let me know sheikh. @Mufti_Faraz_Adam


Salaam. I am not a Mufti.

I can split this question into two questions.

Is it halal to buy a crypto at a low price with the intention to sell at a higher price? The answer is yes.

Is the Axie Infinity coin halal? First, this forum does not do token screening. Second, I think it would depend on one’s school of thought on the matter of gaming, pictures, etc. If a person believes pictures and games based on pictures and in game people or animals are haram, then the coin here is haram on that basis. If a person thinks that is halal, then it is halal. But Allah SWT knows best. Basically, it’s a complicated matter that depends on a person’s own viewpoint on these matters. But one thing I will say is that I have not found anything suggesting there is riba involved in the game.

I should note, I have not yet done enough research into this project.
I would advise everyone do their own research and come to their own conclusion (ie. don’t assume what I have said is correct).

Allah SWT knows best.

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