API3 vs SmarDex: which is halal?
Side-by-side Shariah screening of API3 (API3) and SmarDex (SDEX) under the same 27-point methodology. API3 is rated HALAL while SmarDex is rated MASHBOOH.
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 SmarDex (SDEX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is SmarDex halal? SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of…
Full SmarDex report →■ API3 ■ SDEX — higher is better. Scores from the 27-point Shariah screening methodology.
■ API3 ■ SDEX
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
SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of 58/100 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.
“Shariah does not require a currency to have intrinsic value; what matters is social acceptance.”
— Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd