Head to head

Balancer vs Ethereum Name Service: which is halal?

Side-by-side Shariah screening of Balancer (BAL) and Ethereum Name Service (ENS) under the same 27-point methodology. Both currently carry a HALAL verdict.

Balancer BAL
Halal · Recommended with Purification
70.7

Is Balancer (BAL) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Balancer halal? Yes, Balancer is considered halal for Muslim traders and investors with a Shariah…

Full Balancer report →
Ethereum Name Service ENS
Halal · Recommended with Purification
83.8

Is Ethereum Name Service (ENS) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ethereum Name Service halal? Yes, Ethereum Name Service is considered halal for Muslim…

Full Ethereum Name Service report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
BALENS
Legitimacy
82.3
89.8
Project
74
87.7
Financial
64.3
80
Tokenomics
72.2
75.4
Staking
67
63

BAL ENS — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
67.289
Riba
72.779.7
Gharar
7381.7
Maysir

BAL ENS

Quick answer
Balancer

Yes, Balancer 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. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.

Mufti Abdul Qadir Barakatullah
Ethereum Name Service

Yes, Ethereum Name Service is considered halal for Muslim traders and investors with a Shariah compliance score of 83.8/100 based on our scholar-approved methodology.

Stated that cryptocurrency is permissible as a "virtual currency if accepted by parties.

IslamWeb