Boba Network vs ICON: which is halal?
Side-by-side Shariah screening of Boba Network (BOBA) and ICON (ICX) under the same 27-point methodology. Boba Network is rated HALAL while ICON is rated MASHBOOH.
Is Boba Network (BOBA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Boba Network halal? Yes, Boba Network is considered halal for Muslim traders and investors with…
Full Boba Network report →
Is ICON (ICX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is ICON halal? ICON is classified as doubtful (mashbooh) with a Shariah compliance score of 69.9/100 based…
Full ICON report →■ BOBA ■ ICX — higher is better. Scores from the 27-point Shariah screening methodology.
■ BOBA ■ ICX
Yes, Boba Network is considered halal for Muslim traders and investors with a Shariah compliance score of 71.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“In Shariah, the fundamental requirement for a counter value... is that it has status as māl, meaning property.”
— Mufti Muhammad Abu-Bakar
ICON is classified as doubtful (mashbooh) with a Shariah compliance score of 69.9/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“You must follow the stance of your own trusted scholar or shaykh in matters where legitimate scholarly differences exist.”
— Shaykh Dr. Sajid Umar, Personal blog/guidance piece