Head to head

Dai vs Spell: which is halal?

Side-by-side Shariah screening of Dai (DAI) and Spell (SPELL) under the same 27-point methodology. Dai is rated MASHBOOH while Spell is rated HARAM.

Dai DAI
Mashbooh · Doubtful · Risky
57.4

Is Dai (DAI) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Dai halal? Dai is classified as doubtful (mashbooh) with a Shariah compliance score of 57.4/100 based on…

Full Dai report →
Spell SPELL
Haram · Not Permissible
29.8

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 →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
DAISPELL
Legitimacy
74.3
36.3
Project
58.7
27.2
Financial
49.5
22.5
Tokenomics
57.6
39
Staking
50.4
36

DAI SPELL — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
48.125
Riba
61.336.3
Gharar
65.428.6
Maysir

DAI SPELL

Quick answer
Dai

Dai is classified as doubtful (mashbooh) with a Shariah compliance score of 57.4/100 based on our scholar-approved methodology.

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
Spell

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