Head to head

Covalent vs Polygon: which is halal?

Side-by-side Shariah screening of Covalent (CQT) and Polygon (MATIC) 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 →
Polygon MATIC
Halal · Recommended with Purification
78.3

Is Polygon (MATIC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Polygon halal? Yes, Polygon is considered halal for Muslim traders and investors with a Shariah…

Full Polygon report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
CQTMATIC
Legitimacy
85.5
88
Project
80.8
78.2
Financial
72.3
69.5
Tokenomics
75
77
Staking
71.6
75.4

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

Islamic principles
85.183.9
Riba
71.672.7
Gharar
79.177.5
Maysir

CQT MATIC

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)
Polygon

Yes, Polygon is considered halal for Muslim traders and investors with a Shariah compliance score of 78.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Shariah screening essential to ensure genuine project and not a scam... token, staking, and legitimacy screening.

Mufti Faraz Adam