Head to head

Ethena vs Maple: which is halal?

Side-by-side Shariah screening of Ethena (ENA) and Maple (MPL) under the same 27-point methodology. Ethena is rated HARAM while Maple is rated MASHBOOH.

Ethena ENA
Haram · Not Permissible
47.5

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 →
Maple MPL
Mashbooh · Doubtful · Risky
51.3

Is Maple (MPL) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Maple halal? Maple is classified as doubtful (mashbooh) with a Shariah compliance score of 51.3/100…

Full Maple report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ENAMPL
Legitimacy
61.8
62.3
Project
45.2
54.4
Financial
43.8
31.3
Tokenomics
50.6
58.2
Staking
55.4
52.4

ENA MPL — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
41.546.3
Riba
53.953.9
Gharar
48.255.1
Maysir

ENA MPL

Quick answer
Ethena

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
Maple

Maple is classified as doubtful (mashbooh) with a Shariah compliance score of 51.3/100 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