Protocol coins: are they halal?
12 Protocol coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.
What is Protocol?
A protocol coin is the native token of a foundational blockchain network or communication standard that other applications, chains, or services build on top of rather than a standalone application-layer product. These tokens typically serve core functions such as paying transaction or gas fees, securing the network through staking or mining rewards, and enabling governance over upgrades to the underlying rules. Examples include base-layer assets like Ether or Bitcoin and interoperability tokens such as those powering cross-chain messaging or bridging systems.
- Halal58%
- Mashbooh42%
- Haram0%
| Shariah | Riba | Gharar | Maysir | ||
|---|---|---|---|---|---|
| 30 |  HederaHBAR | HALAL87.4 | |||
| 263 |  RSK Infrastructure FrameworkRIF | HALAL81.4 | |||
| 280 |  MultiversXEGLD | HALAL81.2 | |||
| 331 |  0x ProtocolZRX | HALAL79.4 | |||
| 896 |  HarmonyONE | HALAL75.4 | |||
| 863 |  WAXWAXP | HALAL72.7 | |||
| 728 |  MVLMVL | HALAL72.2 | |||
| 2408 |  KadenaKDA | MASHBOOH70 | |||
| 133 |  GnosisGNO | MASHBOOH68.5 | |||
| 693 |  Ocean ProtocolOCEAN | MASHBOOH68.5 | |||
| 69 |  QuantQNT | MASHBOOH68.1 | |||
| 847 |  ArcblockABT | MASHBOOH67.8 |
How CryptoUmmah screens Protocol coins
As with every category we track, coins here are screened individually against our 27-point methodology across the three core pillars — riba (interest), gharar (uncertainty), and maysir (speculation/gambling) — rather than being judged by category label alone. Two coins sharing this tag can land on very different verdicts depending on their specific tokenomics, revenue model, and governance structure. Across the 12 Protocol coins we've screened, the average Shariah compliance score sits at 74.4/100, with 58% classified Halal, 42% Mashbooh, and 0% Haram.