Head to head

SmarDex vs The Graph: which is halal?

Side-by-side Shariah screening of SmarDex (SDEX) and The Graph (GRT) under the same 27-point methodology. SmarDex is rated MASHBOOH while The Graph is rated HALAL.

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 →
The Graph GRT
Halal · Recommended with Purification
86.2

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

Full The Graph report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
SDEXGRT
Legitimacy
63.8
89.5
Project
63.2
90.6
Financial
40
77.8
Tokenomics
57
85.6
Staking
52
76.4

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

Islamic principles
60.791.2
Riba
52.179.7
Gharar
61.486.9
Maysir

SDEX GRT

Quick answer
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
The Graph

Yes, The Graph is considered halal for Muslim traders and investors with a Shariah compliance score of 86.2/100 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.

In Shariah, the fundamental requirement for a counter value or consideration is that it has status as māl, meaning property.

Mufti Muhammad Abu-Bakar