Head to head

MultiversX vs Waves: which is halal?

Side-by-side Shariah screening of MultiversX (EGLD) and Waves (WAVES) under the same 27-point methodology. Both currently carry a HALAL verdict.

MultiversX EGLD
Halal · Recommended with Purification
81.2

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 →
Waves WAVES
Halal · Recommended with Purification
73.3

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

Full Waves report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
EGLDWAVES
Legitimacy
87.8
80.5
Project
81.3
71.4
Financial
78.8
68.5
Tokenomics
81
60
Staking
78.6
77

EGLD WAVES — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
82.583.2
Riba
80.164.7
Gharar
80.970
Maysir

EGLD WAVES

Quick answer
MultiversX

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
Waves

Yes, Waves is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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