Head to head

Aevo vs SmarDex: which is halal?

Side-by-side Shariah screening of Aevo (AEVO) and SmarDex (SDEX) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

Aevo AEVO
Mashbooh · Doubtful · Risky
53.1

Is Aevo (AEVO) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Aevo halal? Aevo is classified as doubtful (mashbooh) with a Shariah compliance score of 53.1/100 based…

Full Aevo report →
SmarDex SDEX
Mashbooh · Doubtful · Risky
58

Is SmarDex (SDEX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is SmarDex halal? SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of…

Full SmarDex report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
AEVOSDEX
Legitimacy
52.5
63.8
Project
56.4
63.2
Financial
54.3
40
Tokenomics
49.2
57
Staking
56
52

AEVO SDEX — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
56.360.7
Riba
53.752.1
Gharar
48.261.4
Maysir

AEVO SDEX

Quick answer
Aevo

Aevo is classified as doubtful (mashbooh) with a Shariah compliance score of 53.1/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

My personal view is that many crypto-assets can be deemed digital assets, while some may serve as a medium of exchange within their specific networks.

Mufti Faraz Adam
SmarDex

SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of 58/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Shariah does not require a currency to have intrinsic value; what matters is social acceptance.

Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd