Filecoin vs Terra: which is halal?
Side-by-side Shariah screening of Filecoin (FIL) and Terra (LUNA) under the same 27-point methodology. Filecoin is rated HALAL while Terra is rated HARAM.
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 →
Is Terra (LUNA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Terra halal? No, Terra is not considered halal, with a Shariah compliance score of 40.9/100 based on…
Full Terra report →■ FIL ■ LUNA — higher is better. Scores from the 27-point Shariah screening methodology.
■ FIL ■ LUNA
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
No, Terra is not considered halal, with a Shariah compliance score of 40.9/100 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