Head to head

Filecoin vs MultiversX: which is halal?

Side-by-side Shariah screening of Filecoin (FIL) and MultiversX (EGLD) under the same 27-point methodology. Both currently carry a HALAL verdict.

Filecoin FIL
Halal · Recommended with Purification
84.7

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

Full Filecoin report →
MultiversX EGLD
Halal · Recommended with Purification
81.2

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

Full MultiversX report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
FILEGLD
Legitimacy
94.3
87.8
Project
86.7
81.3
Financial
77.8
78.8
Tokenomics
86.6
81
Staking
69.4
78.6

FIL EGLD — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
88.682.5
Riba
78.880.1
Gharar
86.580.9
Maysir

FIL EGLD

Quick answer
Filecoin

Yes, Filecoin is considered halal for Muslim traders and investors with a Shariah compliance score of 84.7/100 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.

In principle, it is permissible to invest and trade in digital currencies and tokens on registered digital asset exchanges.

SAC of Securities Commission Malaysia
MultiversX

Yes, MultiversX is considered halal for Muslim traders and investors with a Shariah compliance score of 81.2/100 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 system which is acceptable among people is sufficient to establish a currency in Shariah.

Mufti Faraz Adam