Polygon (MATIC) is currently marked questionable - not a clean pass or a confirmed fail, per our own multi-standard crypto screen. Our full reasoning, the standards behind it and the facts it rests on are below.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
The disagreement is about STAKING. Some standards treat validation rewards as payment for a real service performed for the network; others treat a return accruing to a holding as too close to a return on capital. Both positions are seriously held and neither is fringe.
3 of 6 permit it; 3 do not. We report that as unsettled rather than picking a side for you.
Corroborated where it counts. 2 separate models read this coin and described return mechanism differently — but we ran our standards over each of their readings in turn and the verdict is the same either way, so nothing here rests on which one is right.
A return accruing to a currency-like holding sits close to the riba rulings this framework imports in full; the fatwa does not address staking directly.
Fiqh Council of North America, “Regarding the Islamic Ruling on Bitcoins” — default permissibility; treated as fiat currency, so all riba rulings and bai’ al-sarf apply
No clear evidence of prohibition: no riba, no impermissible underlying activity, and a real function.
Assembly of Muslim Jurists of America — Dr. Salah Al-Sawy (Secretary General) and Dr. Yasir Qadhi: transactions are permissible unless clear evidence prohibits them
Recognised as mal with a real function, and no riba, maysir or prohibited underlying activity identified.
Securities Commission Malaysia, Shariah Advisory Council, 233rd-234th meetings, June-July 2020
Staking layer: rewards accrue for holding rather than for a clearly-priced service, which this framework treats as unresolved.
Amanah Advisors, Crypto Shariah Screening Framework (Mufti Faraz Adam)
Validation and fee-sharing are compensation for a real service rendered to the network, not a return on capital — the position under which this firm certified Ethereum staking.
Amanie Advisors (Dr. Daud Bakar) — Shariah certification of Ethereum staking; validation treated as a real service rendered to the network rather than a return on capital
A return for holding, without a clearly-identified service, is not distinguishable from a return on capital under these principles.
AAOIFI Shariah Standards - riba and non-permissible income, applied to the token's return mechanism (no dedicated crypto standard exists)
No intrinsic backing and no issuing authority; excessive gharar under this position, which applies to most digital assets including Bitcoin.
Mufti Muhammad Taqi Usmani (crypto trading and investment impermissible); Dar al-Ifta al-Misriyyah (Egypt, 2018); Diyanet Isleri Baskanligi (Turkey, 2017)
The restrictive position above is shown but excluded from our own verdict: it rejects most digital assets including Bitcoin on gharar alone, so letting it decide would mark nearly everything non-compliant — which is neither our conclusion nor a defensible reading of the evidence. Hiding it would be worse.
This is our own screening verdict, reached by applying each named standard ourselves to the facts above, last established 2026-08-29. Research, not a fatwa — for a decision that binds you, ask a scholar you trust.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 38.00 | NEUTRAL |
| Stochastic %K (14) | 25.19 | NEUTRAL |
| CCI (20) | -66.61 | NEUTRAL |
| Williams %R (14) | -74.81 | NEUTRAL |
| MACD (12,26,9) | -0.00 | SELL |
| ROC (10) | -9.58 | SELL |
| Momentum (10) | -0.04 | SELL |
| EMA (10) | 0.39 | SELL |
| SMA (10) | 0.38 | SELL |
| EMA (20) | 0.41 | SELL |
| SMA (20) | 0.43 | SELL |
| EMA (30) | 0.42 | SELL |
| SMA (30) | 0.43 | SELL |
| EMA (50) | 0.45 | SELL |
| SMA (50) | 0.45 | SELL |
| EMA (100) | 0.51 | SELL |
| SMA (100) | 0.51 | SELL |
| EMA (200) | 0.60 | SELL |
| SMA (200) | 0.69 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Polygon (MATIC) is a Layer 2 scaling solution for Ethereum that enhances transaction speed and reduces costs while maintaining high security. It enables developers to build and deploy decentralized applications (dApps) with greater efficiency and flexibility. Source: CoinPaprika.com
Smart ContractsDecentralized ApplicationsProof Of StakeCryptocurrencySolana (SOL) TokenLayer 2 (L2)Zero Knowledge (ZK)FTX HoldingsHigh Transaction Speed (TPS)Binance Launchpad
Background via CoinPaprika — informational, not part of the verdict.
Aggressive buy (inflow) vs sell (outflow) volume from the recent Binance tape, by trade size. Market context only — not a signal.
From the last 1000 aggregate trades · via Binance.
Peer movement computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.