HaramCoinsENA
Ethena ENA
StablecoinStatusRaises serious concerns
Live price…
What it is
A 'synthetic dollar' paying yield from derivatives.
Why this assessment
Its yield comes from funding/derivatives — strong riba and gharar concerns.
Key considerations
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.