Beam vs Ethena: which is halal?
Side-by-side Shariah screening of Beam (BEAM) and Ethena (ENA) under the same 27-point methodology. Beam is rated MASHBOOH while Ethena is rated HARAM.
Is Beam (BEAM) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Beam halal? Beam is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 based…
Full Beam report →
Is Ethena (ENA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ethena halal? No, Ethena is not considered halal, with a Shariah compliance score of 47.5/100 based on…
Full Ethena report →■ BEAM ■ ENA — higher is better. Scores from the 27-point Shariah screening methodology.
■ BEAM ■ ENA
Beam is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“You must follow the stance of your own trusted scholar or shaykh in matters where legitimate scholarly differences exist.”
— Shaykh Dr. Sajid Umar, Personal blog/guidance piece
No, Ethena is not considered halal, with a Shariah compliance score of 47.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
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