Head to head

Maker vs Raydium: which is halal?

Side-by-side Shariah screening of Maker (MKR) and Raydium (RAY) under the same 27-point methodology. Maker is rated HARAM while Raydium is rated HALAL.

Maker MKR
Haram · Not Permissible
47

Is Maker (MKR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Maker halal? No, Maker is not considered halal, with a Shariah compliance score of 47/100 based on our…

Full Maker report →
Raydium RAY
Halal · Recommended with Purification
75.5

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

Full Raydium report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
MKRRAY
Legitimacy
63
69.5
Project
47.2
74.8
Financial
43
73
Tokenomics
51.6
71.4
Staking
50.4
78.2

MKR RAY — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
41.583.6
Riba
53.868.1
Gharar
46.573.3
Maysir

MKR RAY

Quick answer
Maker

No, Maker is not considered halal, with a Shariah compliance score of 47/100 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
Raydium

Yes, Raydium is considered halal for Muslim traders and investors with a Shariah compliance score of 75.5/100 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.

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

Islamic Economic Forum