Head to head

NEAR Protocol vs TerraClassicUSD: which is halal?

Side-by-side Shariah screening of NEAR Protocol (NEAR) and TerraClassicUSD (USTC) under the same 27-point methodology. NEAR Protocol is rated HALAL while TerraClassicUSD is rated HARAM.

NEAR Protocol NEAR
Halal · Recommended with Purification
82.4

Is NEAR Protocol (NEAR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is NEAR Protocol halal? Yes, NEAR Protocol is considered halal for Muslim traders and investors…

Full NEAR Protocol report →
TerraClassicUSD USTC
Haram · Not Permissible
30

Is TerraClassicUSD (USTC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is TerraClassicUSD halal? No, TerraClassicUSD is not considered halal, with a Shariah…

Full TerraClassicUSD report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
NEARUSTC
Legitimacy
90.8
16.3
Project
81.9
35
Financial
78.3
37
Tokenomics
80
16.6
Staking
81.6
26

NEAR USTC — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
85.448
Riba
79.719.1
Gharar
81.618.6
Maysir

NEAR USTC

Quick answer
NEAR Protocol

Yes, NEAR Protocol is considered halal for Muslim traders and investors with a Shariah compliance score of 82.4/100 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.

Electronic money (e-money) is a permissible payment instrument under Shariah, provided it is structured appropriately.

SAC of Bank Negara Malaysia
TerraClassicUSD

No, TerraClassicUSD is not considered halal, with a Shariah compliance score of 30/100 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.

Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.

Amanah Advisors