Head to head

Ethena vs THORChain: which is halal?

Side-by-side Shariah screening of Ethena (ENA) and THORChain (RUNE) under the same 27-point methodology. Ethena is rated HARAM while THORChain is rated HALAL.

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 →
THORChain RUNE
Halal · Recommended with Purification
77.3

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

Full THORChain report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ENARUNE
Legitimacy
61.8
78.3
Project
45.2
80.1
Financial
43.8
77.5
Tokenomics
50.6
75
Staking
55.4
67.4

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

Islamic principles
41.579.8
Riba
53.973.4
Gharar
48.278.6
Maysir

ENA RUNE

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
THORChain

Yes, THORChain is considered halal for Muslim traders and investors with a Shariah compliance score of 77.3/100 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.

Objections... are not strong enough to warrant a verdict of impermissibility.

Fiqh Council of North America