NEXO vs Terra: which is halal?
Side-by-side Shariah screening of NEXO (NEXO) and Terra (LUNA) under the same 27-point methodology. NEXO is rated MASHBOOH while Terra is rated HARAM.
Is NEXO (NEXO) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is NEXO halal? NEXO is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 based…
Full NEXO report →
Is Terra (LUNA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Terra halal? No, Terra is not considered halal, with a Shariah compliance score of 40.9/100 based on…
Full Terra report →■ NEXO ■ LUNA — higher is better. Scores from the 27-point Shariah screening methodology.
■ NEXO ■ LUNA
NEXO is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 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.
“The defining feature of money in Islam is that it is nothing but a medium of exchange. It is only that and serves nothing but that. It is not a commodity to trade or rent.”
— Mufti Faraz Adam
No, Terra is not considered halal, with a Shariah compliance score of 40.9/100 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