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Is Euler halal?

Euler is the token of a crypto lending and borrowing protocol. It is issued as a token on Ethereum.

Euler fails a hard rule of our screen on the Riba-free criterion (20 out of 100). Tagged as a lending or borrowing protocol. Interest-based lending is riba, and the token earns from it.

EUL price
$1.15
−1.94% 24h
Market value
$27.54M
rank #686
From all-time high
−92.8%
high $15.81

Shariah screen result

Fails screenAutomated screen · Method v1.0 · data 16 Oct 2026
54/100
Screen index
mean of the five criteria
Riba-freeno reliance on interest
20

Tagged as a lending or borrowing protocol. Interest-based lending is riba, and the token earns from it.

Claritylow excessive uncertainty
56

Small (market value about $27.5 million). Thin trading adds uncertainty (gharar).

Not maysirproductive, not gambling
72

Nothing in its public tags points to gambling-style mechanics.

Asset-backingreal value underneath
60

Its tags do not describe a clear asset or service underneath the token.

Use-casepermissible purpose
64

Its purpose is not clear from public data.

How this was made: we scored the coin's public category tags and market size against the same five criteria and thresholds we use in our reviewed screen. Nobody has yet read its whitepaper or checked its revenue. This is a screening result, not a fatwa. Scholars may reach different views, so check with a qualified scholar before relying on it.

Tags used:Lending/Borrowing Protocols
A screening result, automatic or reviewed, reflects our published method on the date shown. It is not a fatwa and not a recommendation to buy, sell or hold any asset. Where scholars differ, consult a qualified scholar. Crypto involves substantial risk, including the loss of your capital. Market data from CoinGecko may be delayed or wrong.

Education, not financial or religious advice. Capital at risk.