Hooked Protocol vs MultiversX: which is halal?
Side-by-side Shariah screening of Hooked Protocol (HOOK) and MultiversX (EGLD) under the same 27-point methodology. Hooked Protocol is rated MASHBOOH while MultiversX is rated HALAL.
Is Hooked Protocol (HOOK) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Hooked Protocol halal? Hooked Protocol is classified as doubtful (mashbooh) with a Shariah…
Full Hooked Protocol 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 →■ HOOK ■ EGLD — higher is better. Scores from the 27-point Shariah screening methodology.
■ HOOK ■ EGLD
Hooked Protocol is classified as doubtful (mashbooh) with a Shariah compliance score of 59.7/100 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.
“Before investing, screening crypto-assets for Shariah compliance is "absolutely essential." This includes legitimacy, project, financials, token, and staking mechanism screenings.”
— Mufti Faraz Adam
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