GMT vs MultiversX: which is halal?
Side-by-side Shariah screening of GMT (GMT) and MultiversX (EGLD) under the same 27-point methodology. GMT is rated MASHBOOH while MultiversX is rated HALAL.
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 →
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 →■ GMT ■ EGLD — higher is better. Scores from the 27-point Shariah screening methodology.
■ GMT ■ EGLD
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
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