Head to head

Algorand vs Celo: which is halal?

Side-by-side Shariah screening of Algorand (ALGO) and Celo (CELO) under the same 27-point methodology. Both currently carry a HALAL verdict.

Algorand ALGO
Halal · Recommended with Purification
83.7

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

Full Algorand report →
Celo CELO
Halal · Recommended with Purification
80.1

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

Full Celo report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ALGOCELO
Legitimacy
89.5
87
Project
85
81.7
Financial
77.8
65.8
Tokenomics
81.2
78.8
Staking
81.4
79.6

ALGO CELO — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
87.384.8
Riba
80.575.6
Gharar
82.579.1
Maysir

ALGO CELO

Quick answer
Algorand

Yes, Algorand is considered halal for Muslim traders and investors with a Shariah compliance score of 83.7/100 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.

Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.

Mufti Abdul Qadir Barakatullah
Celo

Yes, Celo is considered halal for Muslim traders and investors with a Shariah compliance score of 80.1/100 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