Side-by-side Shariah screening of cWBTC (CWBTC) and Ethena (ENA) under the same 27-point methodology. cWBTC is rated MASHBOOH while Ethena is rated HARAM.
Is cWBTC (CWBTC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is cWBTC halal? cWBTC is classified as doubtful (mashbooh) with a Shariah compliance score of 57.7/100…
Full cWBTC 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 →■ CWBTC ■ ENA — higher is better. Scores from the 27-point Shariah screening methodology.
■ CWBTC ■ ENA
cWBTC is classified as doubtful (mashbooh) with a Shariah compliance score of 57.7/100 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.
“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.
“Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.”
— Amanah Advisors