Shiba Inu

This token is currently classified as Doubtful because its market behavior and value proposition are strongly driven by speculation rather than clear underlying utility.

SHIB is currently considered doubtful because the token’s value and trading activity have been heavily shaped by meme culture, hype, and speculative momentum rather than a clearly established functional foundation. While a broader ecosystem may exist around it, the Shariah concern remains whether the token itself has sufficiently meaningful utility to avoid excessive uncertainty and speculation. For that reason, it is not presently categorized as clear halal.