Head to head

Maker vs Spell: which is halal?

Side-by-side Shariah screening of Maker (MKR) and Spell (SPELL) under the same 27-point methodology. Both currently carry a HARAM verdict.

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 →
Spell SPELL
Haram · Not Permissible
29.8

Is Spell (SPELL) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Spell halal? No, Spell is not considered halal, with a Shariah compliance score of 29.8/100 based on…

Full Spell report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
MKRSPELL
Legitimacy
63
36.3
Project
47.2
27.2
Financial
43
22.5
Tokenomics
51.6
39
Staking
50.4
36

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

Islamic principles
41.525
Riba
53.836.3
Gharar
46.528.6
Maysir

MKR SPELL

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
Spell

No, Spell is not considered halal, with a Shariah compliance score of 29.8/100 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