Ethena vs Orca: which is halal?
Side-by-side Shariah screening of Ethena (ENA) and Orca (ORCA) under the same 27-point methodology. Ethena is rated HARAM while Orca is rated HALAL.
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 Orca (ORCA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Orca halal? Yes, Orca is considered halal for Muslim traders and investors with a Shariah compliance…
Full Orca report →■ ENA ■ ORCA — higher is better. Scores from the 27-point Shariah screening methodology.
■ ENA ■ ORCA
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
Yes, Orca is considered halal for Muslim traders and investors with a Shariah compliance score of 80.9/100 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.
“In Shariah, the fundamental requirement for a counter value... is that it has status as māl, meaning property.”
— Mufti Muhammad Abu-Bakar