Beam vs Magic: which is halal?
Side-by-side Shariah screening of Beam (BEAM) and Magic (MAGIC) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.
Is Beam (BEAM) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Beam halal? Beam is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 based…
Full Beam report →
Is Magic (MAGIC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Magic halal? Magic is classified as doubtful (mashbooh) with a Shariah compliance score of 58.5/100…
Full Magic report →■ BEAM ■ MAGIC — higher is better. Scores from the 27-point Shariah screening methodology.
■ BEAM ■ MAGIC
Beam is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 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
Magic is classified as doubtful (mashbooh) with a Shariah compliance score of 58.5/100 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.
“Shariah does not require a currency to have intrinsic value; what matters is social acceptance.”
— Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd