Head to head

Enjin Coin vs Memecoin: which is halal?

Side-by-side Shariah screening of Enjin Coin (ENJ) and Memecoin (MEME) under the same 27-point methodology. Enjin Coin is rated HALAL while Memecoin is rated HARAM.

Enjin Coin ENJ
Halal · Recommended with Purification
76.3

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

Full Enjin Coin report →
Memecoin MEME
Haram · Not Permissible
42

Is Memecoin (MEME) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Memecoin halal? No, Memecoin is not considered halal, with a Shariah compliance score of 42/100…

Full Memecoin report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ENJMEME
Legitimacy
90
13.8
Project
75.6
45
Financial
62.3
50
Tokenomics
78.6
15
Staking
77
24

ENJ MEME — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
8185
Riba
71.815.5
Gharar
75.415
Maysir

ENJ MEME

Quick answer
Enjin Coin

Yes, Enjin Coin is considered halal for Muslim traders and investors with a Shariah compliance score of 76.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Electronic money (e-money) is a permissible payment instrument under Shariah, provided it is structured appropriately.

SAC of Bank Negara Malaysia
Memecoin

No, Memecoin is not considered halal, with a Shariah compliance score of 42/100 based on our scholar-approved methodology.

Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.

Amanah Advisors