Head to head

Syscoin vs Waves: which is halal?

Side-by-side Shariah screening of Syscoin (SYS) and Waves (WAVES) under the same 27-point methodology. Syscoin is rated MASHBOOH while Waves is rated HALAL.

Syscoin SYS
Mashbooh · Doubtful · Risky
68

Is Syscoin (SYS) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Syscoin halal? Syscoin is classified as doubtful (mashbooh) with a Shariah compliance score of 68/100…

Full Syscoin 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
SYSWAVES
Legitimacy
71.5
80.5
Project
67.7
71.4
Financial
64
68.5
Tokenomics
67.6
60
Staking
64.6
77

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

Islamic principles
7183.2
Riba
64.564.7
Gharar
68.270
Maysir

SYS WAVES

Quick answer
Syscoin

Syscoin is classified as doubtful (mashbooh) with a Shariah compliance score of 68/100 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.

Wealth is what people incline towards and can store for times of need, whether movable or immovable.

Majallat al-Aḥkām al-ʿAdliyyah
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