Side-by-side Shariah screening of Ethereum Classic (ETC) and Phala (PHA) under the same 27-point methodology. Both currently carry a HALAL verdict.
Is Ethereum Classic (ETC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ethereum Classic halal? Yes, Ethereum Classic is considered halal for Muslim traders and…
Full Ethereum Classic report →Is Phala (PHA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Phala halal? Yes, Phala is considered halal for Muslim traders and investors with a Shariah compliance…
Full Phala report →■ ETC ■ PHA — higher is better. Scores from the 27-point Shariah screening methodology.
■ ETC ■ PHA
Yes, Ethereum Classic is considered halal for Muslim traders and investors with a Shariah compliance score of 76.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“A system which is acceptable among people is sufficient to establish a currency in Shariah.”
— Mufti Faraz Adam
Yes, Phala is considered halal for Muslim traders and investors with a Shariah compliance score of 72.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.”
— Mufti Abdul Qadir Barakatullah