Head to head

Synthetix Network vs yearn-finance: which is halal?

Side-by-side Shariah screening of Synthetix Network (SNX) and yearn-finance (YFI) under the same 27-point methodology. Synthetix Network is rated HALAL while yearn-finance is rated MASHBOOH.

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 →
yearn-finance YFI
Mashbooh · Doubtful · Risky
63.3

Is yearn-finance (YFI) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is yearn-finance halal? yearn-finance is classified as doubtful (mashbooh) with a Shariah…

Full yearn-finance report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
SNXYFI
Legitimacy
77.5
72
Project
70
68.3
Financial
65.8
46.8
Tokenomics
74.2
66.8
Staking
68
60.8

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

Islamic principles
7556.9
Riba
67.368
Gharar
6966.5
Maysir

SNX YFI

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)
yearn-finance

yearn-finance is classified as doubtful (mashbooh) with a Shariah compliance score of 63.3/100 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.

My personal view is that many crypto-assets can be deemed digital assets, while some may serve as a medium of exchange within their specific networks.

Mufti Faraz Adam