Head to head

ICON vs Tezos: which is halal?

Side-by-side Shariah screening of ICON (ICX) and Tezos (XTZ) under the same 27-point methodology. ICON is rated MASHBOOH while Tezos 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 →
Tezos XTZ
Halal · Recommended with Purification
80.6

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

Full Tezos report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ICXXTZ
Legitimacy
65.5
85.8
Project
72
79.2
Financial
66.5
77.3
Tokenomics
70
81.6
Staking
66.2
80

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

Islamic principles
7887.4
Riba
62.676.7
Gharar
67.576.2
Maysir

ICX XTZ

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
Tezos

Yes, Tezos is considered halal for Muslim traders and investors with a Shariah compliance score of 80.6/100 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