Head to head

Goldfinch vs SmarDex: which is halal?

Side-by-side Shariah screening of Goldfinch (GFI) and SmarDex (SDEX) under the same 27-point methodology. Goldfinch is rated HARAM while SmarDex is rated MASHBOOH.

Goldfinch GFI
Haram · Not Permissible
48

Is Goldfinch (GFI) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Goldfinch halal? No, Goldfinch is not considered halal, with a Shariah compliance score of 48/100…

Full Goldfinch report →
SmarDex SDEX
Mashbooh · Doubtful · Risky
58

Is SmarDex (SDEX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is SmarDex halal? SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of…

Full SmarDex report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
GFISDEX
Legitimacy
68.8
63.8
Project
47.8
63.2
Financial
35
40
Tokenomics
59
57
Staking
51
52

GFI SDEX — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
38.560.7
Riba
5652.1
Gharar
51.461.4
Maysir

GFI SDEX

Quick answer
Goldfinch

No, Goldfinch is not considered halal, with a Shariah compliance score of 48/100 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
SmarDex

SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of 58/100 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.

Shariah does not require a currency to have intrinsic value; what matters is social acceptance.

Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd