Head to head

Magic vs Vulcan Forged: which is halal?

Side-by-side Shariah screening of Magic (MAGIC) and Vulcan Forged (PYR) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

Magic MAGIC
Mashbooh · Doubtful · Risky
58.5

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 →
Vulcan Forged PYR
Mashbooh · Doubtful · Risky
60

Is Vulcan Forged (PYR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Vulcan Forged halal? Vulcan Forged is classified as doubtful (mashbooh) with a Shariah…

Full Vulcan Forged report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
MAGICPYR
Legitimacy
52.3
55
Project
64.8
57.9
Financial
46.3
45.3
Tokenomics
59
57
Staking
55
50.4

MAGIC PYR — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
64.664
Riba
53.746.8
Gharar
56.170
Maysir

MAGIC PYR

Quick answer
Magic

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
Vulcan Forged

Vulcan Forged is classified as doubtful (mashbooh) with a Shariah compliance score of 60/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

The defining feature of money in Islam is that it is nothing but a medium of exchange. It is only that and serves nothing but that. It is not a commodity to trade or rent.

Mufti Faraz Adam