Head to head

Ethena vs Memecoin: which is halal?

Side-by-side Shariah screening of Ethena (ENA) and Memecoin (MEME) under the same 27-point methodology. Both currently carry a HARAM verdict.

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 →
Memecoin MEME
Haram · Not Permissible
42

Is Memecoin (MEME) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Memecoin halal? No, Memecoin is not considered halal, with a Shariah compliance score of 42/100…

Full Memecoin report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ENAMEME
Legitimacy
61.8
13.8
Project
45.2
45
Financial
43.8
50
Tokenomics
50.6
15
Staking
55.4
24

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

Islamic principles
41.585
Riba
53.915.5
Gharar
48.215
Maysir

■ ENA ■ MEME

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
Memecoin

No, Memecoin is not considered halal, with a Shariah compliance score of 42/100 based on our scholar-approved methodology.

“Crypto industry prone to manipulation... fraudsters using several techniques to create artificial hype and demand for junk tokens.”

— Amanah Advisors