Covalent vs Ethereum Name Service: which is halal?
Side-by-side Shariah screening of Covalent (CQT) and Ethereum Name Service (ENS) under the same 27-point methodology. Both currently carry a HALAL verdict.
Is Covalent (CQT) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Covalent halal? Yes, Covalent is considered halal for Muslim traders and investors with a Shariah…
Full Covalent report →
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 →■ CQT ■ ENS — higher is better. Scores from the 27-point Shariah screening methodology.
■ CQT ■ ENS
Yes, Covalent is considered halal for Muslim traders and investors with a Shariah compliance score of 78.9/100 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.
“Crypto as a currency... is haram... crypto as a commodity... is legally [halal].”
— MUI (Clarification)
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