Covenant
Crypto Overview
Overview
I apologize, but I am unable to provide a comprehensive report on Covenant (COVN) as I could not find sufficient reliable and current information about this cryptocurrency project. There appears to be minimal publicly available information about its purpose, utility, development team, or current usage.
Limited Available Information
While there may be a cryptocurrency project using this name and ticker symbol, the lack of transparent and verifiable information makes it impossible to properly assess its Sharia compliance status. This includes being unable to evaluate its: intended utility, actual usage, token distribution, development activity, or alignment with Islamic principles.
Crypto Impact
To assign a comfort level investing in Covenant from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Covenant.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.