Head to head

Covalent vs Theta Network: which is halal?

Side-by-side Shariah screening of Covalent (CQT) and Theta Network (THETA) 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 →
Theta Network THETA
Halal · Recommended with Purification
73.9

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

Full Theta Network report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
CQTTHETA
Legitimacy
85.5
85.8
Project
80.8
74.1
Financial
72.3
62
Tokenomics
75
76
Staking
71.6
65.4

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

Islamic principles
85.181.1
Riba
71.666.7
Gharar
79.172.5
Maysir

CQT THETA

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)
Theta Network

Yes, Theta Network is considered halal for Muslim traders and investors with a Shariah compliance score of 73.9/100 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.

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

Islamic Economic Forum