MultiversX vs Synthetix Network: which is halal?
Side-by-side Shariah screening of MultiversX (EGLD) and Synthetix Network (SNX) under the same 27-point methodology. Both currently carry a HALAL verdict.
Is MultiversX (EGLD) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is MultiversX halal? Yes, MultiversX is considered halal for Muslim traders and investors with a…
Full MultiversX report →
Is Synthetix Network (SNX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Synthetix Network halal? Yes, Synthetix Network is considered halal for Muslim traders and…
Full Synthetix Network report →■ EGLD ■ SNX — higher is better. Scores from the 27-point Shariah screening methodology.
■ EGLD ■ SNX
Yes, MultiversX is considered halal for Muslim traders and investors with a Shariah compliance score of 81.2/100 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 system which is acceptable among people is sufficient to establish a currency in Shariah.”
— Mufti Faraz Adam
Yes, Synthetix Network is considered halal for Muslim traders and investors with a Shariah compliance score of 70.7/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“Crypto as a currency... is haram... crypto as a commodity... is legally [halal].”
— MUI (Clarification)