Side-by-side Shariah screening of API3 (API3) and Loopring (LRC) under the same 27-point methodology. Both currently carry a HALAL verdict.
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 →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 →■ API3 ■ LRC — higher is better. Scores from the 27-point Shariah screening methodology.
■ API3 ■ LRC
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
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)