Head to head

Alchemix USD vs TrueUSD: which is halal?

Side-by-side Shariah screening of Alchemix USD (ALUSD) and TrueUSD (TUSD) under the same 27-point methodology. Alchemix USD is rated HARAM while TrueUSD 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 →
TrueUSD TUSD
Mashbooh · Doubtful · Risky
59

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

Full TrueUSD report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ALUSDTUSD
Legitimacy
47.5
67.5
Project
41.1
60.8
Financial
32.5
49.5
Tokenomics
49
56
Staking
51
43

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

Islamic principles
44.549.4
Riba
4360.6
Gharar
46.870.3
Maysir

ALUSD TUSD

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
TrueUSD

TrueUSD is classified as doubtful (mashbooh) with a Shariah compliance score of 59/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

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