GMX vs Pendle: which is halal?
Side-by-side Shariah screening of GMX (GMX) and Pendle (PENDLE) under the same 27-point methodology. GMX is rated MASHBOOH while Pendle is rated HALAL.
Is GMX (GMX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is GMX halal? GMX is classified as doubtful (mashbooh) with a Shariah compliance score of 61.9/100 based on…
Full GMX report →
Is Pendle (PENDLE) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Pendle halal? Yes, Pendle is considered halal for Muslim traders and investors with a Shariah…
Full Pendle report →■ GMX ■ PENDLE — higher is better. Scores from the 27-point Shariah screening methodology.
■ GMX ■ PENDLE
GMX is classified as doubtful (mashbooh) with a Shariah compliance score of 61.9/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“While blockchain promotes transparency, adoption will lead to cryptocurrencies that enhance anonymity... undermining benefits.”
— IJFMR
Yes, Pendle is considered halal for Muslim traders and investors with a Shariah compliance score of 71.9/100 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.
“Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.”
— Mufti Abdul Qadir Barakatullah