Memecoin vs WAX: which is halal?
Side-by-side Shariah screening of Memecoin (MEME) and WAX (WAXP) under the same 27-point methodology. Memecoin is rated HARAM while WAX is rated HALAL.
Is Memecoin (MEME) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Memecoin halal? No, Memecoin is not considered halal, with a Shariah compliance score of 42/100…
Full Memecoin report →
Is WAX (WAXP) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is WAX halal? Yes, WAX is considered halal for Muslim traders and investors with a Shariah compliance score…
Full WAX report →■ MEME ■ WAXP — higher is better. Scores from the 27-point Shariah screening methodology.
■ MEME ■ WAXP
No, Memecoin is not considered halal, with a Shariah compliance score of 42/100 based on our scholar-approved methodology.
“Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.”
— Amanah Advisors
Yes, WAX is considered halal for Muslim traders and investors with a Shariah compliance score of 72.7/100 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.
“Objections... are not strong enough to warrant a verdict of impermissibility.”
— Fiqh Council of North America