Head to head

Ethena USDe vs Stellar: which is halal?

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

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 →
Stellar XLM
Halal · Recommended with Purification
87.3

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

Full Stellar report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
USDEXLM
Legitimacy
68.8
91.3
Project
71.7
90.1
Financial
67.5
86.8
Tokenomics
61
73.6
Staking
63
60

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

Islamic principles
71.594.1
Riba
65.780.3
Gharar
67.786.3
Maysir

USDE XLM

Quick answer
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
Stellar

Yes, Stellar is considered halal for Muslim traders and investors with a Shariah compliance score of 87.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum