Head to head

Covalent vs inSure DeFi: which is halal?

Side-by-side Shariah screening of Covalent (CQT) and inSure DeFi (SURE) under the same 27-point methodology. Covalent is rated HALAL while inSure DeFi is rated MASHBOOH.

Covalent CQT
Halal · Recommended with Purification
78.9

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 →
inSure DeFi SURE
Mashbooh · Doubtful · Risky
61.2

Is inSure DeFi (SURE) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is inSure DeFi halal? inSure DeFi is classified as doubtful (mashbooh) with a Shariah compliance…

Full inSure DeFi report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
CQTSURE
Legitimacy
85.5
54.3
Project
80.8
64.2
Financial
72.3
48.3
Tokenomics
75
63
Staking
71.6
60

CQT SURE — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
85.168.4
Riba
71.654.9
Gharar
79.159
Maysir

CQT SURE

Quick answer
Covalent

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)
inSure DeFi

inSure DeFi is classified as doubtful (mashbooh) with a Shariah compliance score of 61.2/100 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.

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