Head to head

Numeraire vs Ocean Protocol: which is halal?

Side-by-side Shariah screening of Numeraire (NMR) and Ocean Protocol (OCEAN) under the same 27-point methodology. Numeraire is rated HALAL while Ocean Protocol is rated MASHBOOH.

Numeraire NMR
Halal · Recommended with Purification
73.4

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

Full Numeraire report →
Ocean Protocol OCEAN
Mashbooh · Doubtful · Risky
68.5

Is Ocean Protocol (OCEAN) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ocean Protocol halal? Ocean Protocol is classified as doubtful (mashbooh) with a Shariah…

Full Ocean Protocol report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
NMROCEAN
Legitimacy
71.3
68.8
Project
72.3
71.7
Financial
68.5
67.5
Tokenomics
76.2
61
Staking
69.4
63

NMR OCEAN — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
79.671.5
Riba
65.565.7
Gharar
74.467.7
Maysir

NMR OCEAN

Quick answer
Numeraire

Yes, Numeraire is considered halal for Muslim traders and investors with a Shariah compliance score of 73.4/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

Objections... are not strong enough to warrant a verdict of impermissibility.

Fiqh Council of North America
Ocean Protocol

Ocean Protocol 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.

Shariah does not require a currency to have intrinsic value; what matters is social acceptance.

Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd