Head to head

ICON vs Moonbeam: which is halal?

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

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 →
Moonbeam GLMR
Halal · Recommended with Purification
82.2

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

Full Moonbeam report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ICXGLMR
Legitimacy
65.5
88
Project
72
84.7
Financial
66.5
78.5
Tokenomics
70
80
Staking
66.2
74

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

Islamic principles
7886
Riba
62.677.9
Gharar
67.582.3
Maysir

ICX GLMR

Quick answer
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
Moonbeam

Yes, Moonbeam is considered halal for Muslim traders and investors with a Shariah compliance score of 82.2/100 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.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum