ICON vs NEO: which is halal?
Side-by-side Shariah screening of ICON (ICX) and NEO (NEO) under the same 27-point methodology. ICON is rated MASHBOOH while NEO 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 NEO (NEO) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is NEO halal? Yes, NEO is considered halal for Muslim traders and investors with a Shariah compliance score…
Full NEO report →■ ICX ■ NEO — higher is better. Scores from the 27-point Shariah screening methodology.
■ ICX ■ NEO
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, NEO is considered halal for Muslim traders and investors with a Shariah compliance score of 74.8/100 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.
“In Shariah, the fundamental requirement for a counter value or consideration is that it has status as māl, meaning property.”
— Mufti Muhammad Abu-Bakar