Head to head

Ethereum Classic vs Horizen: which is halal?

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

Ethereum Classic ETC
Halal · Recommended with Purification
76.3

Is Ethereum Classic (ETC) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ethereum Classic halal? Yes, Ethereum Classic is considered halal for Muslim traders and…

Full Ethereum Classic 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
ETCZEN
Legitimacy
76.3
81.8
Project
80.3
80.6
Financial
69.5
56.8
Tokenomics
63.4
69.4
Staking
63
38

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

Islamic principles
83.670.6
Riba
69.365.6
Gharar
74.574
Maysir

ETC ZEN

Quick answer
Ethereum Classic

Yes, Ethereum Classic is considered halal for Muslim traders and investors with a Shariah compliance score of 76.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

A system which is acceptable among people is sufficient to establish a currency in Shariah.

Mufti Faraz Adam
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