COTI vs ICON: which is halal?
Side-by-side Shariah screening of COTI (COTI) and ICON (ICX) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.
Is COTI (COTI) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is COTI halal? COTI is classified as doubtful (mashbooh) with a Shariah compliance score of 69.8/100 based…
Full COTI 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 →■ COTI ■ ICX — higher is better. Scores from the 27-point Shariah screening methodology.
■ COTI ■ ICX
COTI is classified as doubtful (mashbooh) with a Shariah compliance score of 69.8/100 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.
“The defining feature of money in Islam is that it is nothing but a medium of exchange. It is only that and serves nothing but that. It is not a commodity to trade or rent.”
— Mufti Faraz Adam
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