Is this crypto halal? Shariah screening report
Mantle Staked Ether
METH
- Price
- $2,700.23
- Market cap
- $580.34M
- Circulating supply
- 214,923.931
- 24h change
- 1.13%
Report generated 8/27/2026, 6:34:27 PM · stored corpus assessment · confidence 88%
Crypto Halal Report Criteria
We use a disciplined framework to determine if a digital asset is Comfortable from a sharia perspective, based on three core pillars.
Purpose & Real-World Value Clear
The primary purpose of METH is to provide liquidity for staked ETH while allowing users to participate in Ethereum staking. Users can use their METH tokens in various DeFi applications while their original ETH remains staked.
Honesty & Founder Intent Clear
The token distribution appears to be relatively decentralized, with tokens being minted based on user deposits. There is a clear 1:1 relationship between staked ETH and METH tokens.
Dealing with Risk & Speculation Clear
Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.
Crypto Overview
Purpose and Utility
The primary purpose of METH is to provide liquidity for staked ETH while allowing users to participate in Ethereum staking. Users can use their METH tokens in various DeFi applications while their original ETH remains staked.
Current Usage
As a relatively new liquid staking derivative, METH has gained some traction within the Mantle ecosystem, though adoption metrics are still developing. The token is actively traded on several decentralized exchanges and used in various DeFi protocols within the Mantle network.
Business Model
The protocol generates returns through Ethereum staking rewards. The underlying mechanics involve actual asset ownership and value creation through network validation, making the core business model compliant with Islamic principles.
Development Activity
The Mantle team maintains regular development activity, with ongoing updates to the staking protocol and integration with various DeFi applications. The project demonstrates commitment to technical development and ecosystem growth.
Token Distribution
The token distribution appears to be relatively decentralized, with tokens being minted based on user deposits. There is a clear 1:1 relationship between staked ETH and METH tokens.
Rating Justification
ComfortableFrom a Shariah compliance perspective, METH represents actual ownership of staked ETH and provides legitimate utility through liquid staking services. The protocol involves real asset exchange and value creation through network validation. While the staking rewards mechanism might raise questions about riba, the returns are generated through actual network participation and validation services rather than interest-bearing loans. The underlying activity of securing the network through staking is considered a legitimate service.
While we find this token comfortable to invest in from a Shariah-screening perspective, this does not imply we think it is a strong investment.
Comparable assessments
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ComfortableComfortable — From an Islamic finance perspective, ether.fi's EETH token represents actual ownership of staked ETH and provides legitimate utility through network security pa
Open reportRestaked Swell Ethereum RSWETH
ComfortableComfortable — After analyzing rswETH's structure and operations, we find that it operates as a legitimate liquid staking derivative token with clear utility in enabling Ether
Open reportBond USD0 USD0++
ComfortableComfortable — Based on our analysis, USD0++ functions as a legitimate staking receipt token within the Beam Protocol ecosystem. The underlying mechanics don't involve riba-ba
Open reportWrapped Beacon ETH WBETH
ComfortableComfortable — From a Shariah compliance perspective, wBETH represents a clear and legitimate utility token that serves as a representation of staked ETH. The token has real u
Open report
Disclaimer: These reports are findings of AI analysis and cannot be guaranteed to be accurate. Ratings reflect opinions derived from automated criteria applied to the sources you submitted and a corpus of prior assessments. This is not a fatwa and does not determine Islamic law. Ratings may change as projects evolve. Always conduct your own research before investing.
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