Head to head

Monero vs WAX: which is halal?

Side-by-side Shariah screening of Monero (XMR) and WAX (WAXP) under the same 27-point methodology. Both currently carry a HALAL verdict.

Monero XMR
Halal · Recommended with Purification
74.1

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

Full Monero report →
WAX WAXP
Halal · Recommended with Purification
72.7

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 →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
XMRWAXP
Legitimacy
62.5
74.5
Project
79.2
73.1
Financial
76.3
64.3
Tokenomics
58.8
72.4
Staking
63
72.8

XMR WAXP — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
8577.6
Riba
64.667.5
Gharar
70.572.3
Maysir

XMR WAXP

Quick answer
Monero

Yes, Monero is considered halal for Muslim traders and investors with a Shariah compliance score of 74.1/100 based on our scholar-approved methodology.

Stated that cryptocurrency is permissible as a "virtual currency if accepted by parties.

IslamWeb
WAX

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