Head to head

ICON vs Stratis: which is halal?

Side-by-side Shariah screening of ICON (ICX) and Stratis (STRAX) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

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 →
Stratis STRAX
Mashbooh · Doubtful · Risky
68.6

Is Stratis (STRAX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Stratis halal? Stratis is classified as doubtful (mashbooh) with a Shariah compliance score of…

Full Stratis report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ICXSTRAX
Legitimacy
65.5
64.5
Project
72
69.7
Financial
66.5
57
Tokenomics
70
65
Staking
66.2
66.4

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

Islamic principles
7875.9
Riba
62.659.1
Gharar
67.570
Maysir

ICX STRAX

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
Stratis

Stratis is classified as doubtful (mashbooh) with a Shariah compliance score of 68.6/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

My personal view is that many crypto-assets can be deemed digital assets, while some may serve as a medium of exchange within their specific networks.

Mufti Faraz Adam