ICON vs NEAR Protocol: which is halal?
Side-by-side Shariah screening of ICON (ICX) and NEAR Protocol (NEAR) under the same 27-point methodology. ICON is rated MASHBOOH while NEAR Protocol 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 NEAR Protocol (NEAR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is NEAR Protocol halal? Yes, NEAR Protocol is considered halal for Muslim traders and investors…
Full NEAR Protocol report →■ ICX ■ NEAR — higher is better. Scores from the 27-point Shariah screening methodology.
■ ICX ■ NEAR
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, NEAR Protocol is considered halal for Muslim traders and investors with a Shariah compliance score of 82.4/100 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.
“Electronic money (e-money) is a permissible payment instrument under Shariah, provided it is structured appropriately.”
— SAC of Bank Negara Malaysia