Head to head

Covalent vs Mina Protocol: which is halal?

Side-by-side Shariah screening of Covalent (CQT) and Mina Protocol (MINA) under the same 27-point methodology. Both currently carry a HALAL verdict.

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 →
Mina Protocol MINA
Halal · Recommended with Purification
76.4

Is Mina Protocol (MINA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Mina Protocol halal? Yes, Mina Protocol is considered halal for Muslim traders and investors…

Full Mina Protocol report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
CQTMINA
Legitimacy
85.5
80.8
Project
80.8
77.4
Financial
72.3
68.3
Tokenomics
75
70
Staking
71.6
78

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

Islamic principles
85.182.8
Riba
71.670.5
Gharar
79.174.9
Maysir

CQT MINA

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)
Mina Protocol

Yes, Mina Protocol is considered halal for Muslim traders and investors with a Shariah compliance score of 76.4/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

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