Head to head

Fantom vs Waves: which is halal?

Side-by-side Shariah screening of Fantom (FTM) and Waves (WAVES) under the same 27-point methodology. Both currently carry a HALAL verdict.

Fantom FTM
Halal · Recommended with Purification
79.8

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

Full Fantom report →
Waves WAVES
Halal · Recommended with Purification
73.3

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

Full Waves report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
FTMWAVES
Legitimacy
78.8
80.5
Project
80.9
71.4
Financial
72.5
68.5
Tokenomics
78.2
60
Staking
71.2
77

FTM WAVES — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
87.583.2
Riba
71.364.7
Gharar
79.470
Maysir

FTM WAVES

Quick answer
Fantom

Yes, Fantom is considered halal for Muslim traders and investors with a Shariah compliance score of 79.8/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

In Shariah, the fundamental requirement for a counter value or consideration is that it has status as māl, meaning property.

Mufti Muhammad Abu-Bakar
Waves

Yes, Waves is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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