Head to head

GMX vs THORChain: which is halal?

Side-by-side Shariah screening of GMX (GMX) and THORChain (RUNE) under the same 27-point methodology. GMX is rated MASHBOOH while THORChain is rated HALAL.

GMX GMX
Mashbooh · Doubtful · Risky
61.9

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 →
THORChain RUNE
Halal · Recommended with Purification
77.3

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

Full THORChain report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
GMXRUNE
Legitimacy
49.3
78.3
Project
68.4
80.1
Financial
65.5
77.5
Tokenomics
58.4
75
Staking
61.6
67.4

GMX RUNE — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
67.179.8
Riba
59.373.4
Gharar
57.878.6
Maysir

GMX RUNE

Quick answer
GMX

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
THORChain

Yes, THORChain is considered halal for Muslim traders and investors with a Shariah compliance score of 77.3/100 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.

Objections... are not strong enough to warrant a verdict of impermissibility.

Fiqh Council of North America