Head to head

Hedera vs ICON: which is halal?

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

Hedera HBAR
Halal · Recommended with Purification
87.4

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

Full Hedera 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
HBARICX
Legitimacy
92.8
65.5
Project
86.2
72
Financial
83.3
66.5
Tokenomics
84
70
Staking
87.8
66.2

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

Islamic principles
91.678
Riba
82.762.6
Gharar
87.267.5
Maysir

HBAR ICX

Quick answer
Hedera

Yes, Hedera is considered halal for Muslim traders and investors with a Shariah compliance score of 87.4/100 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.

Recognized as a valuable digital asset and customary money.

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