Head to head

Alchemix USD vs Tether Gold: which is halal?

Side-by-side Shariah screening of Alchemix USD (ALUSD) and Tether Gold (XAUT) under the same 27-point methodology. Alchemix USD is rated HARAM while Tether Gold is rated MASHBOOH.

Alchemix USD ALUSD
Haram · Not Permissible
44.7

Is Alchemix USD (ALUSD) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Alchemix USD halal? No, Alchemix USD is not considered halal, with a Shariah compliance score…

Full Alchemix USD report →
Tether Gold XAUT
Mashbooh · Doubtful · Risky
67.1

Is Tether Gold (XAUT) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Tether Gold halal? Tether Gold is classified as doubtful (mashbooh) with a Shariah compliance…

Full Tether Gold report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ALUSDXAUT
Legitimacy
47.5
59.5
Project
41.1
67.7
Financial
32.5
72
Tokenomics
49
59.8
Staking
51
45.2

ALUSD XAUT — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
44.578.9
Riba
4352.7
Gharar
46.868.1
Maysir

ALUSD XAUT

Quick answer
Alchemix USD

No, Alchemix USD is not considered halal, with a Shariah compliance score of 44.7/100 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.

Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.

Amanah Advisors
Tether Gold

Tether Gold is classified as doubtful (mashbooh) with a Shariah compliance score of 67.1/100 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