Head to head

Fetch vs Waves: which is halal?

Side-by-side Shariah screening of Fetch (FET) and Waves (WAVES) under the same 27-point methodology. Fetch is rated MASHBOOH while Waves is rated HALAL.

Fetch FET
Mashbooh · Doubtful · Risky
69.7

Is Fetch (FET) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Fetch halal? Fetch is classified as doubtful (mashbooh) with a Shariah compliance score of 69.7/100…

Full Fetch 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
FETWAVES
Legitimacy
71.8
80.5
Project
67.8
71.4
Financial
61
68.5
Tokenomics
70.6
60
Staking
73.6
77

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

Islamic principles
75.583.2
Riba
64.364.7
Gharar
68.470
Maysir

FET WAVES

Quick answer
Fetch

Fetch is classified as doubtful (mashbooh) with a Shariah compliance score of 69.7/100 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.

Before investing, screening crypto-assets for Shariah compliance is "absolutely essential." This includes legitimacy, project, financials, token, and staking mechanism screenings.

Mufti Faraz Adam
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