Head to head

Stellar vs Waves: which is halal?

Side-by-side Shariah screening of Stellar (XLM) and Waves (WAVES) under the same 27-point methodology. Both currently carry a HALAL verdict.

Stellar XLM
Halal · Recommended with Purification
87.3

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

Full Stellar 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
XLMWAVES
Legitimacy
91.3
80.5
Project
90.1
71.4
Financial
86.8
68.5
Tokenomics
73.6
60
Staking
60
77

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

Islamic principles
94.183.2
Riba
80.364.7
Gharar
86.370
Maysir

XLM WAVES

Quick answer
Stellar

Yes, Stellar is considered halal for Muslim traders and investors with a Shariah compliance score of 87.3/100 based on our scholar-approved methodology. 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
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