Head to head

Alephium vs Waves: which is halal?

Side-by-side Shariah screening of Alephium (ALPH) and Waves (WAVES) under the same 27-point methodology. Both currently carry a HALAL verdict.

Alephium ALPH
Halal · Recommended with Purification
78.7

Is Alephium (ALPH) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Alephium halal? Yes, Alephium is considered halal for Muslim traders and investors with a Shariah…

Full Alephium report →
Waves WAVES
Halal · Recommended with Purification
73.3

Is Waves (WAVES) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Waves halal? Yes, Waves is considered halal for Muslim traders and investors with a Shariah…

Full Waves report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ALPHWAVES
Legitimacy
87.8
80.5
Project
79.7
71.4
Financial
74
68.5
Tokenomics
68
60
Staking
45.4
77

ALPH WAVES — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
82.583.2
Riba
74.564.7
Gharar
78.570
Maysir

ALPH WAVES

Quick answer
Alephium

Yes, Alephium is considered halal for Muslim traders and investors with a Shariah compliance score of 78.7/100 based on our scholar-approved methodology.

In Shariah, the fundamental requirement for a counter value... is that it has status as māl, meaning property.

Mufti Muhammad Abu-Bakar
Waves

Yes, Waves is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum