Head to head

Olympus vs SmarDex: which is halal?

Side-by-side Shariah screening of Olympus (OHM) and SmarDex (SDEX) under the same 27-point methodology. Olympus is rated HARAM while SmarDex is rated MASHBOOH.

Olympus OHM
Haram · Not Permissible
45.7

Is Olympus (OHM) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Olympus halal? No, Olympus is not considered halal, with a Shariah compliance score of 45.7/100 based…

Full Olympus report →
SmarDex SDEX
Mashbooh · Doubtful · Risky
58

Is SmarDex (SDEX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is SmarDex halal? SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of…

Full SmarDex report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
OHMSDEX
Legitimacy
36
63.8
Project
48.7
63.2
Financial
38.8
40
Tokenomics
46.6
57
Staking
51
52

OHM SDEX — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
51.860.7
Riba
45.352.1
Gharar
37.861.4
Maysir

OHM SDEX

Quick answer
Olympus

No, Olympus is not considered halal, with a Shariah compliance score of 45.7/100 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
SmarDex

SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of 58/100 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