ICON vs Moonriver: which is halal?
Side-by-side Shariah screening of ICON (ICX) and Moonriver (MOVR) under the same 27-point methodology. ICON is rated MASHBOOH while Moonriver is rated HALAL.
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 →
Is Moonriver (MOVR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Moonriver halal? Yes, Moonriver is considered halal for Muslim traders and investors with a…
Full Moonriver report →■ ICX ■ MOVR — higher is better. Scores from the 27-point Shariah screening methodology.
■ ICX ■ MOVR
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
Yes, Moonriver is considered halal for Muslim traders and investors with a Shariah compliance score of 72.2/100 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.
“Stated that cryptocurrency is permissible as a "virtual currency if accepted by parties.”
— IslamWeb