Ethena vs Maverick Protocol: which is halal?
Side-by-side Shariah screening of Ethena (ENA) and Maverick Protocol (MAV) under the same 27-point methodology. Ethena is rated HARAM while Maverick Protocol is rated MASHBOOH.
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 →
Is Maverick Protocol (MAV) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Maverick Protocol halal? Maverick Protocol is classified as doubtful (mashbooh) with a…
Full Maverick Protocol report →■ ENA ■ MAV — higher is better. Scores from the 27-point Shariah screening methodology.
■ ENA ■ MAV
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
Maverick Protocol is classified as doubtful (mashbooh) with a Shariah compliance score of 67.7/100 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