Head to head

GMT vs Memecoin: which is halal?

Side-by-side Shariah screening of GMT (GMT) and Memecoin (MEME) under the same 27-point methodology. GMT is rated MASHBOOH while Memecoin is rated HARAM.

GMT GMT
Mashbooh · Doubtful · Risky
61.4

Is GMT (GMT) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is GMT halal? GMT is classified as doubtful (mashbooh) with a Shariah compliance score of 61.4/100 based on…

Full GMT report →
Memecoin MEME
Haram · Not Permissible
42

Is Memecoin (MEME) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Memecoin halal? No, Memecoin is not considered halal, with a Shariah compliance score of 42/100…

Full Memecoin report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
GMTMEME
Legitimacy
60
13.8
Project
61.4
45
Financial
53
50
Tokenomics
67.6
15
Staking
57.4
24

GMT MEME — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
64.485
Riba
55.915.5
Gharar
63.915
Maysir

GMT MEME

Quick answer
GMT

GMT is classified as doubtful (mashbooh) with a Shariah compliance score of 61.4/100 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.

You must follow the stance of your own trusted scholar or shaykh in matters where legitimate scholarly differences exist.

Shaykh Dr. Sajid Umar, Personal blog/guidance piece
Memecoin

No, Memecoin is not considered halal, with a Shariah compliance score of 42/100 based on our scholar-approved methodology.

Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.

Amanah Advisors