Is Ethereum (ETH) halal or haram?
Ethereum powers smart contracts and most of the crypto economy, so it has clear, genuine utility — a strong point in favour of permissibility.
The concern: staking
Since moving to proof-of-stake, ETH can be "staked" for rewards. A fixed, guaranteed return on a locked amount resembles riba, so many scholars advise simply holding or using ETH and avoiding staking rewards.
Verdict
Holding and using ETH leans permissible for many scholars; staking is the part to be cautious about. See our full Ethereum assessment.
This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.