cWBTC vs Spell: which is halal?
Side-by-side Shariah screening of cWBTC (CWBTC) and Spell (SPELL) under the same 27-point methodology. cWBTC is rated MASHBOOH while Spell is rated HARAM.
Is cWBTC (CWBTC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is cWBTC halal? cWBTC is classified as doubtful (mashbooh) with a Shariah compliance score of 57.7/100…
Full cWBTC report →
Is Spell (SPELL) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Spell halal? No, Spell is not considered halal, with a Shariah compliance score of 29.8/100 based on…
Full Spell report →■ CWBTC ■ SPELL — higher is better. Scores from the 27-point Shariah screening methodology.
■ CWBTC ■ SPELL
cWBTC is classified as doubtful (mashbooh) with a Shariah compliance score of 57.7/100 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
No, Spell is not considered halal, with a Shariah compliance score of 29.8/100 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 industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.”
— Amanah Advisors