Head to head

Horizen vs PancakeSwap: which is halal?

Side-by-side Shariah screening of Horizen (ZEN) and PancakeSwap (CAKE) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

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 →
PancakeSwap CAKE
Mashbooh · Doubtful · Risky
68.5

Is PancakeSwap (CAKE) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is PancakeSwap halal? PancakeSwap is classified as doubtful (mashbooh) with a Shariah compliance…

Full PancakeSwap report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ZENCAKE
Legitimacy
81.8
68.8
Project
80.6
71.7
Financial
56.8
67.5
Tokenomics
69.4
61
Staking
38
63

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

Islamic principles
70.671.5
Riba
65.665.7
Gharar
7467.7
Maysir

ZEN CAKE

Quick answer
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
PancakeSwap

PancakeSwap is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 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.

Before investing, screening crypto-assets for Shariah compliance is "absolutely essential." This includes legitimacy, project, financials, token, and staking mechanism screenings.

Mufti Faraz Adam