JOE vs Loopring: which is halal?
Side-by-side Shariah screening of JOE (JOE) and Loopring (LRC) under the same 27-point methodology. JOE is rated MASHBOOH while Loopring is rated HALAL.
Is JOE (JOE) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is JOE halal? JOE is classified as doubtful (mashbooh) with a Shariah compliance score of 51.5/100 based on…
Full JOE report →
Is Loopring (LRC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Loopring halal? Yes, Loopring is considered halal for Muslim traders and investors with a Shariah…
Full Loopring report →■ JOE ■ LRC — higher is better. Scores from the 27-point Shariah screening methodology.
■ JOE ■ LRC
JOE is classified as doubtful (mashbooh) with a Shariah compliance score of 51.5/100 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, Loopring is considered halal for Muslim traders and investors with a Shariah compliance score of 78.4/100 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 as a currency... is haram... crypto as a commodity... is legally [halal].”
— MUI (Clarification)