Head to head

Immutable vs Waves: which is halal?

Side-by-side Shariah screening of Immutable (IMX) and Waves (WAVES) under the same 27-point methodology. Both currently carry a HALAL verdict.

Immutable IMX
Halal · Recommended with Purification
78.6

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

Full Immutable report →
Waves WAVES
Halal · Recommended with Purification
73.3

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

Full Waves report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
IMXWAVES
Legitimacy
85.5
80.5
Project
78.4
71.4
Financial
70.5
68.5
Tokenomics
78.4
60
Staking
77.2
77

IMX WAVES — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
82.483.2
Riba
74.964.7
Gharar
77.970
Maysir

IMX WAVES

Quick answer
Immutable

Yes, Immutable is considered halal for Muslim traders and investors with a Shariah compliance score of 78.6/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

Stated that cryptocurrency is permissible as a "virtual currency if accepted by parties.

IslamWeb
Waves

Yes, Waves is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum