Head to head

eCash vs Horizen: which is halal?

Side-by-side Shariah screening of eCash (XEC) and Horizen (ZEN) under the same 27-point methodology. eCash is rated HALAL while Horizen is rated MASHBOOH.

eCash XEC
Halal · Recommended with Purification
72.6

Is eCash (XEC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is eCash halal? Yes, eCash is considered halal for Muslim traders and investors with a Shariah compliance…

Full eCash report →
Horizen ZEN
Mashbooh · Doubtful · Risky
69.9

Is Horizen (ZEN) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Horizen halal? Horizen is classified as doubtful (mashbooh) with a Shariah compliance score of…

Full Horizen report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
XECZEN
Legitimacy
71.3
81.8
Project
76.3
80.6
Financial
67
56.8
Tokenomics
63
69.4
Staking
70.6
38

XEC ZEN — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
79.870.6
Riba
66.365.6
Gharar
70.474
Maysir

XEC ZEN

Quick answer
eCash

Yes, eCash is considered halal for Muslim traders and investors with a Shariah compliance score of 72.6/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Objections... are not strong enough to warrant a verdict of impermissibility.

Fiqh Council of North America
Horizen

Horizen 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.

Shariah does not require a currency to have intrinsic value; what matters is social acceptance.

Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd