Head to head

IQ vs Ocean Protocol: which is halal?

Side-by-side Shariah screening of IQ (IQ) and Ocean Protocol (OCEAN) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

IQ IQ
Mashbooh · Doubtful · Risky
61.7

Is IQ (IQ) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is IQ halal? IQ is classified as doubtful (mashbooh) with a Shariah compliance score of 61.7/100 based on our…

Full IQ report →
Ocean Protocol OCEAN
Mashbooh · Doubtful · Risky
68.5

Is Ocean Protocol (OCEAN) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Ocean Protocol halal? Ocean Protocol is classified as doubtful (mashbooh) with a Shariah…

Full Ocean Protocol report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
IQOCEAN
Legitimacy
58
68.8
Project
57
71.7
Financial
46.3
67.5
Tokenomics
66
61
Staking
57.4
63

IQ OCEAN — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
63.371.5
Riba
52.865.7
Gharar
7067.7
Maysir

IQ OCEAN

Quick answer
IQ

IQ is classified as doubtful (mashbooh) with a Shariah compliance score of 61.7/100 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
Ocean Protocol

Ocean Protocol is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 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.

Shariah does not require a currency to have intrinsic value; what matters is social acceptance.

Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd