Head to head

API3 vs Loopring: which is halal?

Side-by-side Shariah screening of API3 (API3) and Loopring (LRC) under the same 27-point methodology. Both currently carry a HALAL verdict.

API3 API3
Halal · Recommended with Purification
82.8

Is API3 (API3) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is API3 halal? Yes, API3 is considered halal for Muslim traders and investors with a Shariah compliance…

Full API3 report →
Loopring LRC
Halal · Recommended with Purification
78.4

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

Full Loopring report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
API3LRC
Legitimacy
75
85.5
Project
85.7
80.1
Financial
77
76
Tokenomics
84
75.8
Staking
78.4
73

API3 LRC — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
86.982.2
Riba
76.774.5
Gharar
84.577.8
Maysir

API3 LRC

Quick answer
API3

Yes, API3 is considered halal for Muslim traders and investors with a Shariah compliance score of 82.8/100 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
Loopring

Yes, Loopring is considered halal for Muslim traders and investors with a Shariah compliance score of 78.4/100 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)