Head to head

Numeraire vs Raydium: which is halal?

Side-by-side Shariah screening of Numeraire (NMR) and Raydium (RAY) under the same 27-point methodology. Both currently carry a HALAL verdict.

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 →
Raydium RAY
Halal · Recommended with Purification
75.5

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

Full Raydium report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
NMRRAY
Legitimacy
71.3
69.5
Project
72.3
74.8
Financial
68.5
73
Tokenomics
76.2
71.4
Staking
69.4
78.2

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

Islamic principles
79.683.6
Riba
65.568.1
Gharar
74.473.3
Maysir

NMR RAY

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
Raydium

Yes, Raydium is considered halal for Muslim traders and investors with a Shariah compliance score of 75.5/100 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.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum