Head to head

Covalent vs SSV Network: which is halal?

Side-by-side Shariah screening of Covalent (CQT) and SSV Network (SSV) 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 →
SSV Network SSV
Halal · Recommended with Purification
78.7

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

Full SSV Network report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
CQTSSV
Legitimacy
85.5
74.3
Project
80.8
82.2
Financial
72.3
72.5
Tokenomics
75
76.6
Staking
71.6
72

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

Islamic principles
85.185.7
Riba
71.670.5
Gharar
79.178.9
Maysir

CQT SSV

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)
SSV Network

Yes, SSV Network is considered halal for Muslim traders and investors with a Shariah compliance score of 78.7/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum