Side-by-side Shariah screening of Algorand (ALGO) and The Sandbox (SAND) under the same 27-point methodology. Algorand is rated HALAL while The Sandbox is rated MASHBOOH.
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 →Is The Sandbox (SAND) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is The Sandbox halal? The Sandbox is classified as doubtful (mashbooh) with a Shariah compliance…
Full The Sandbox report →■ ALGO ■ SAND — higher is better. Scores from the 27-point Shariah screening methodology.
■ ALGO ■ SAND
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
The Sandbox is classified as doubtful (mashbooh) with a Shariah compliance score of 66.9/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“You must follow the stance of your own trusted scholar or shaykh in matters where legitimate scholarly differences exist.”
— Shaykh Dr. Sajid Umar, Personal blog/guidance piece