Side-by-side Shariah screening of Ethena USDe (USDE) and PAX Gold (PAXG) under the same 27-point methodology. Ethena USDe is rated MASHBOOH while PAX Gold is rated HALAL.
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 →Is PAX Gold (PAXG) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is PAX Gold halal? Yes, PAX Gold is considered halal for Muslim traders and investors with a Shariah…
Full PAX Gold report →■ USDE ■ PAXG — higher is better. Scores from the 27-point Shariah screening methodology.
■ USDE ■ PAXG
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
Yes, PAX Gold is considered halal for Muslim traders and investors with a Shariah compliance score of 89.9/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“Cryptocurrencies are halal due to the famous rule... if anything is widely accepted in society... it can be recognized as money.”
— Mufti Abdul Qadir Barakatullah