Head to head

Ethereum vs ICON: which is halal?

Side-by-side Shariah screening of Ethereum (ETH) and ICON (ICX) under the same 27-point methodology. Ethereum is rated HALAL while ICON is rated MASHBOOH.

Ethereum ETH
Halal · Recommended with Purification
81.5

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

Full Ethereum report →
ICON ICX
Mashbooh · Doubtful · Risky
69.9

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 →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ETHICX
Legitimacy
88
65.5
Project
83.3
72
Financial
85
66.5
Tokenomics
71.4
70
Staking
80
66.2

ETH ICX — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
85.878
Riba
77.762.6
Gharar
80.267.5
Maysir

ETH ICX

Quick answer
Ethereum

Yes, Ethereum is considered halal for Muslim traders and investors with a Shariah compliance score of 81.5/100 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

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