Head to head

NEO vs Waves: which is halal?

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

NEO NEO
Halal · Recommended with Purification
74.8

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

Full NEO 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
NEOWAVES
Legitimacy
76.3
80.5
Project
76.1
71.4
Financial
63.8
68.5
Tokenomics
71
60
Staking
75
77

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

Islamic principles
8483.2
Riba
6864.7
Gharar
70.570
Maysir

NEO WAVES

Quick answer
NEO

Yes, NEO is considered halal for Muslim traders and investors with a Shariah compliance score of 74.8/100 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.

In Shariah, the fundamental requirement for a counter value or consideration is that it has status as māl, meaning property.

Mufti Muhammad Abu-Bakar
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