Centrifuge vs Covalent: which is halal?
Side-by-side Shariah screening of Centrifuge (CFG) and Covalent (CQT) under the same 27-point methodology. Both currently carry a HALAL verdict.
Is Centrifuge (CFG) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Centrifuge halal? Yes, Centrifuge is considered halal for Muslim traders and investors with a…
Full Centrifuge report →
Is Covalent (CQT) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Covalent halal? Yes, Covalent is considered halal for Muslim traders and investors with a Shariah…
Full Covalent report →■ CFG ■ CQT — higher is better. Scores from the 27-point Shariah screening methodology.
■ CFG ■ CQT
Yes, Centrifuge is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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.
“Recognized as a valuable digital asset and customary money.”
— Mufti Muhammad Abu-Bakar
Yes, Covalent is considered halal for Muslim traders and investors with a Shariah compliance score of 78.9/100 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.
“Crypto as a currency... is haram... crypto as a commodity... is legally [halal].”
— MUI (Clarification)