Reviewed by Dr Mahmoud Zoair, Chairman of the ShareMatch Shariah Advisory Board.
How screening works
- Structural screen: the proposed market is assessed against ShareMatch's Shariah standards: asset backing (haqq mali), no maysir, no riba, no excessive gharar.
- Fatwa coverage: the contract architecture is confirmed to fall within the scope of ShareMatch's formal Fatwa.
- Board ratification: the independent Shariah Advisory Board ratifies the category before launch.
- Continuous monitoring: the HAL AI engine screens all live markets in real time, with Board oversight ongoing.
Screening decisions by category
| Market category | Status | Notes |
|---|---|---|
| Global football performance indices | Ratified · Live | Screened against ShareMatch's Shariah standards and ratified by the Shariah Advisory Board before launch. |
| Cricket performance indices | Ratified · Live | Screened and ratified; covers international and franchise cricket performance markets. |
| Motorsport performance indices | Ratified · Live | Screened and ratified before launch. |
| Golf performance indices | Ratified · Live | Screened and ratified before launch. |
| Basketball performance indices | Ratified · Live | Screened and ratified before launch. |
| American football performance indices | Ratified · Live | Screened and ratified before launch. |
| Cultural & global-event markets | Ratified · Live | Non-sporting measurable events; each market individually screened before going live. |
| Esports performance indices | Roadmap | On the product roadmap; will pass the full screening and ratification process before any market goes live. |
Entries are added to this log when the Shariah Advisory Board ratifies a new market category or changes the status of an existing one. Individual markets within a ratified category are each screened before going live on the platform.