Head to head

Synthetix Network vs The Graph: which is halal?

Side-by-side Shariah screening of Synthetix Network (SNX) and The Graph (GRT) under the same 27-point methodology. Both currently carry a HALAL verdict.

Synthetix Network SNX
Halal · Recommended with Purification
70.7

Is Synthetix Network (SNX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Synthetix Network halal? Yes, Synthetix Network is considered halal for Muslim traders and…

Full Synthetix Network 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
SNXGRT
Legitimacy
77.5
89.5
Project
70
90.6
Financial
65.8
77.8
Tokenomics
74.2
85.6
Staking
68
76.4

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

Islamic principles
7591.2
Riba
67.379.7
Gharar
6986.9
Maysir

SNX GRT

Quick answer
Synthetix Network

Yes, Synthetix Network is considered halal for Muslim traders and investors with a Shariah compliance score of 70.7/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

Crypto as a currency... is haram... crypto as a commodity... is legally [halal].

MUI (Clarification)
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