Head to head

Seedify-fund vs Waves: which is halal?

Side-by-side Shariah screening of Seedify-fund (SFUND) and Waves (WAVES) under the same 27-point methodology. Seedify-fund is rated MASHBOOH while Waves is rated HALAL.

Seedify-fund SFUND
Mashbooh · Doubtful · Risky
64.3

Is Seedify-fund (SFUND) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Seedify-fund halal? Seedify-fund is classified as doubtful (mashbooh) with a Shariah…

Full Seedify-fund report →
Waves WAVES
Halal · Recommended with Purification
73.3

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

Full Waves report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
SFUNDWAVES
Legitimacy
64.3
80.5
Project
68.7
71.4
Financial
60
68.5
Tokenomics
56.6
60
Staking
64.8
77

SFUND WAVES — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
72.383.2
Riba
57.964.7
Gharar
60.970
Maysir

SFUND WAVES

Quick answer
Seedify-fund

Seedify-fund is classified as doubtful (mashbooh) with a Shariah compliance score of 64.3/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

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
Waves

Yes, Waves is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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