Head to head

Ankr Network vs Shadow Token: which is halal?

Side-by-side Shariah screening of Ankr Network (ANKR) and Shadow Token (SHDW) under the same 27-point methodology. Ankr Network is rated HALAL while Shadow Token is rated MASHBOOH.

Ankr Network ANKR
Halal · Recommended with Purification
76.5

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

Full Ankr Network report →
Shadow Token SHDW
Mashbooh · Doubtful · Risky
55.9

Is Shadow Token (SHDW) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Shadow Token halal? Shadow Token is classified as doubtful (mashbooh) with a Shariah compliance…

Full Shadow Token report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ANKRSHDW
Legitimacy
83
54.3
Project
76.2
55.8
Financial
66.3
42.8
Tokenomics
76.6
58.2
Staking
75.6
57.4

ANKR SHDW — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
80.562.8
Riba
72.849.7
Gharar
75.453.7
Maysir

ANKR SHDW

Quick answer
Ankr Network

Yes, Ankr Network is considered halal for Muslim traders and investors with a Shariah compliance score of 76.5/100 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 as a currency... is haram... crypto as a commodity... is legally [halal].

MUI (Clarification)
Shadow Token

Shadow Token is classified as doubtful (mashbooh) with a Shariah compliance score of 55.9/100 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.

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