Side-by-side Shariah screening of Kadena (KDA) and Phala (PHA) under the same 27-point methodology. Kadena is rated MASHBOOH while Phala is rated HALAL.
Is Kadena (KDA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Kadena halal? Kadena is classified as doubtful (mashbooh) with a Shariah compliance score of 70/100…
Full Kadena report →Is Phala (PHA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Phala halal? Yes, Phala is considered halal for Muslim traders and investors with a Shariah compliance…
Full Phala report →■ KDA ■ PHA — higher is better. Scores from the 27-point Shariah screening methodology.
■ KDA ■ PHA
Kadena is classified as doubtful (mashbooh) with a Shariah compliance score of 70/100 based on our scholar-approved methodology.
“In principle, it is permissible to invest and trade in digital currencies and tokens on registered digital asset exchanges.”
— SAC of Securities Commission Malaysia
Yes, Phala is considered halal for Muslim traders and investors with a Shariah compliance score of 72.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.”
— Mufti Abdul Qadir Barakatullah