Bitcoin Cash

Holding BCH earns nothing; the protocol pays only miners, with new coins and fees, for proof-of-work.

Riba means interest, or any fixed increase on a loan. Bitcoin Cash keeps Bitcoin's reward rules: each block pays the miner a subsidy, 3.125 BCH since the April 2024 halving, plus transaction fees, in exchange for proof-of-work. There is no staking and no protocol yield, so simply holding BCH produces no income. The Grayscale Bitcoin Cash Trust, the main regulated fund, may not lend or pledge its BCH. Interest appears only in products built around BCH, such as exchange lending, which are assessed under trading mechanisms and do not change the asset itself.

There is no issuer, no treasury and no development tax; block rewards and fees go only to miners as payment for their work.

This criterion asks how the issuer or protocol earns, and whether any of that income is impermissible. Bitcoin Cash has no company that collects revenue for BCH holders. All new coins and fees go to miners for securing the chain, which is payment for a service. In November 2020 the network rejected a rule that would have sent 8% of mined coins to one development team; the chain that kept it split off with no hashpower. The main node software, Bitcoin Cash Node, is funded by donations and sponsors.

Supply, code and upgrade rules are public and checkable, but BCH's small share of SHA-256 mining power and its history of contentious splits are real risks.

Gharar is excessive uncertainty or hidden information in a deal. Bitcoin Cash keeps Bitcoin's 21 million cap and halving schedule; about 20.095 million BCH (about 95.7%) existed on 27 September 2026, with no premine and no unlocks. Several independent node teams publish open-source code, and every yearly upgrade is published as a specification months ahead and tested on a test network first. Two risks keep this at a low pass.

Bitcoin Cash is built and used for payments, and now tokens; actual on-chain activity is modest, and a small gambling app is present.

This criterion looks at what the network is actually used for. Bitcoin Cash's design and messaging centre on everyday payments with very low fees; the payment processor BitPay accepts BCH, and since May 2023 CashTokens let people issue tokens and NFTs used for crowdfunding, exchanges and bridges. Use is modest: about 10,200 transactions in the 24 hours to 27 September 2026, with a median fee of about $0.0015.

Fully paid spot BCH is widely available and can be held in one's own wallet; a fund that holds only BCH also exists.

This criterion asks whether the asset can be owned in a permissible way. BCH trades spot, with full payment and delivery, on Binance and other major exchanges, and it can be withdrawn to a self-custody wallet. In the US, the Grayscale Bitcoin Cash Trust (BCHG, quoted on OTCQX) holds only BCH and may not lend or pledge it, though it charges a 2.5% annual fee; its conversion to an exchange-listed ETF was still pending. BCH is on Kazakhstan's authorised list for local platforms. Ownership therefore does not depend on derivatives or leveraged wrappers.

Bitcoin Cash offers open, very cheap payments; its harms (mining energy, speculation, chain-split disputes) are real but moderate.

Maslahah weighs public benefit against harm. The benefit is real: anyone can send value across borders without a bank for a fraction of a cent, with no overdrafts, chargebacks or frozen funds, and merchants can accept it through processors such as BitPay. The harms are moderate. Proof-of-work uses energy, but BCH has well under 1% of Bitcoin's hashpower, so its footprint is correspondingly small. The 2018 and 2020 chain splits caused losses and confusion for users, and the chain's low hashpower is a security risk. No study measuring illicit use of BCH specifically was found.