Head to head

Bitcoin vs Ethena USDe: which is halal?

Side-by-side Shariah screening of Bitcoin (BTC) and Ethena USDe (USDE) under the same 27-point methodology. Bitcoin is rated HALAL while Ethena USDe is rated MASHBOOH.

Bitcoin BTC
Halal · Recommended with Purification
78.3

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

Full Bitcoin report →
Ethena USDe USDE
Mashbooh · Doubtful · Risky
68.5

Is Ethena USDe (USDE) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ethena USDe halal? Ethena USDe is classified as doubtful (mashbooh) with a Shariah compliance…

Full Ethena USDe report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
BTCUSDE
Legitimacy
77
68.8
Project
85.2
71.7
Financial
83.5
67.5
Tokenomics
60.8
61
Staking
68.4
63

BTC USDE — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
85.871.5
Riba
70.665.7
Gharar
77.467.7
Maysir

BTC USDE

Quick answer
Bitcoin

Yes, Bitcoin is considered halal for Muslim traders and investors with a Shariah compliance score of 78.3/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

A system which is acceptable among people is sufficient to establish a currency in Shariah.

Mufti Faraz Adam
Ethena USDe

Ethena USDe 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. 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