Head to head

Synthetix Network vs THORChain: which is halal?

Side-by-side Shariah screening of Synthetix Network (SNX) and THORChain (RUNE) 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 →
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
SNXRUNE
Legitimacy
77.5
78.3
Project
70
80.1
Financial
65.8
77.5
Tokenomics
74.2
75
Staking
68
67.4

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

Islamic principles
7579.8
Riba
67.373.4
Gharar
6978.6
Maysir

SNX RUNE

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)
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