Side-by-side Shariah screening of Magic (MAGIC) and Victoria VR (VR) under the same 27-point methodology. Magic is rated MASHBOOH while Victoria VR is rated HARAM.
Is Magic (MAGIC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Magic halal? Magic is classified as doubtful (mashbooh) with a Shariah compliance score of 58.5/100…
Full Magic report →Is Victoria VR (VR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Victoria VR halal? No, Victoria VR is not considered halal, with a Shariah compliance score of…
Full Victoria VR report →■ MAGIC ■ VR — higher is better. Scores from the 27-point Shariah screening methodology.
■ MAGIC ■ VR
Magic is classified as doubtful (mashbooh) with a Shariah compliance score of 58.5/100 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.
“Shariah does not require a currency to have intrinsic value; what matters is social acceptance.”
— Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd
No, Victoria VR is not considered halal, with a Shariah compliance score of 44.5/100 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.
“Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.”
— Amanah Advisors