Head to head

Ethena USDe vs Toncoin: which is halal?

Side-by-side Shariah screening of Ethena USDe (USDE) and Toncoin (TON) under the same 27-point methodology. Ethena USDe is rated MASHBOOH while Toncoin 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 →
Toncoin TON
Halal · Recommended with Purification
80

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

Full Toncoin report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
USDETON
Legitimacy
68.8
86.3
Project
71.7
80.8
Financial
67.5
74.8
Tokenomics
61
77.2
Staking
63
75.4

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

Islamic principles
71.584.6
Riba
65.775.8
Gharar
67.778.7
Maysir

USDE TON

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
Toncoin

Yes, Toncoin is considered halal for Muslim traders and investors with a Shariah compliance score of 80/100 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.

Stated that cryptocurrency is permissible as a "virtual currency if accepted by parties.

IslamWeb