Head to head

ICON vs Polygon: which is halal?

Side-by-side Shariah screening of ICON (ICX) and Polygon (MATIC) under the same 27-point methodology. ICON is rated MASHBOOH while Polygon 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 →
Polygon MATIC
Halal · Recommended with Purification
78.3

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

Full Polygon report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ICXMATIC
Legitimacy
65.5
88
Project
72
78.2
Financial
66.5
69.5
Tokenomics
70
77
Staking
66.2
75.4

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

Islamic principles
7883.9
Riba
62.672.7
Gharar
67.577.5
Maysir

ICX MATIC

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
Polygon

Yes, Polygon is considered halal for Muslim traders and investors with a Shariah compliance score of 78.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Shariah screening essential to ensure genuine project and not a scam... token, staking, and legitimacy screening.

Mufti Faraz Adam