Euler Finance

This token is currently classified as Haram due to its close connection to interest-based lending and borrowing activities.

EUL is currently treated as haram because it is directly associated with a DeFi lending and borrowing ecosystem built around interest-based financial activity. The protocol’s core model involves lending returns and borrowing structures that fall within serious Shariah prohibition concerns. As the token derives its relevance and value from that ecosystem, it is not treated as halal.