Moonbeam vs Phala: which is halal?
Side-by-side Shariah screening of Moonbeam (GLMR) and Phala (PHA) under the same 27-point methodology. Both currently carry a HALAL verdict.
Is Moonbeam (GLMR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Moonbeam halal? Yes, Moonbeam is considered halal for Muslim traders and investors with a Shariah…
Full Moonbeam report →
Is Phala (PHA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Phala halal? Yes, Phala is considered halal for Muslim traders and investors with a Shariah compliance…
Full Phala report →■ GLMR ■ PHA — higher is better. Scores from the 27-point Shariah screening methodology.
■ GLMR ■ PHA
Yes, Moonbeam is considered halal for Muslim traders and investors with a Shariah compliance score of 82.2/100 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
Yes, Phala is considered halal for Muslim traders and investors with a Shariah compliance score of 72.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.”
— Mufti Abdul Qadir Barakatullah