Head to head

Nexus Mutual vs Stargate Finance: which is halal?

Side-by-side Shariah screening of Nexus Mutual (NXM) and Stargate Finance (STG) under the same 27-point methodology. Nexus Mutual is rated HALAL while Stargate Finance is rated MASHBOOH.

Nexus Mutual NXM
Halal · Recommended with Purification
78

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

Full Nexus Mutual report →
Stargate Finance STG
Mashbooh · Doubtful · Risky
65.2

Is Stargate Finance (STG) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Stargate Finance halal? Stargate Finance is classified as doubtful (mashbooh) with a Shariah…

Full Stargate Finance report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
NXMSTG
Legitimacy
84.3
63.3
Project
76.2
70.7
Financial
76.3
53.8
Tokenomics
85.2
66.4
Staking
73.4
59.6

NXM STG — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
74.472.7
Riba
78.558.3
Gharar
82.263.2
Maysir

NXM STG

Quick answer
Nexus Mutual

Yes, Nexus Mutual is considered halal for Muslim traders and investors with a Shariah compliance score of 78/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

A system which is acceptable among people is sufficient to establish a currency in Shariah.

Mufti Faraz Adam
Stargate Finance

Stargate Finance is classified as doubtful (mashbooh) with a Shariah compliance score of 65.2/100 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.

While blockchain promotes transparency, adoption will lead to cryptocurrencies that enhance anonymity... undermining benefits.

IJFMR