Head to head

Alchemy Pay vs Synthetix Network: which is halal?

Side-by-side Shariah screening of Alchemy Pay (ACH) and Synthetix Network (SNX) under the same 27-point methodology. Alchemy Pay is rated MASHBOOH while Synthetix Network is rated HALAL.

Alchemy Pay ACH
Mashbooh · Doubtful · Risky
65.9

Is Alchemy Pay (ACH) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Alchemy Pay halal? Alchemy Pay is classified as doubtful (mashbooh) with a Shariah compliance…

Full Alchemy Pay report →
Synthetix Network SNX
Halal · Recommended with Purification
70.7

Is Synthetix Network (SNX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Synthetix Network halal? Yes, Synthetix Network is considered halal for Muslim traders and…

Full Synthetix Network report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ACHSNX
Legitimacy
71.8
77.5
Project
63.6
70
Financial
60.8
65.8
Tokenomics
64.4
74.2
Staking
54.2
68

ACH SNX — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
73.275
Riba
5467.3
Gharar
7069
Maysir

ACH SNX

Quick answer
Alchemy Pay

Alchemy Pay is classified as doubtful (mashbooh) with a Shariah compliance score of 65.9/100 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
Synthetix Network

Yes, Synthetix Network is considered halal for Muslim traders and investors with a Shariah compliance score of 70.7/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

Crypto as a currency... is haram... crypto as a commodity... is legally [halal].

MUI (Clarification)