Head to head

SmarDex vs THORChain: which is halal?

Side-by-side Shariah screening of SmarDex (SDEX) and THORChain (RUNE) under the same 27-point methodology. SmarDex is rated MASHBOOH while THORChain 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 →
THORChain RUNE
Halal · Recommended with Purification
77.3

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

Full THORChain report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
SDEXRUNE
Legitimacy
63.8
78.3
Project
63.2
80.1
Financial
40
77.5
Tokenomics
57
75
Staking
52
67.4

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

Islamic principles
60.779.8
Riba
52.173.4
Gharar
61.478.6
Maysir

SDEX RUNE

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
THORChain

Yes, THORChain is considered halal for Muslim traders and investors with a Shariah compliance score of 77.3/100 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.

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

Fiqh Council of North America