Is this crypto halal? Shariah screening report
Horizen
ZEN
- Price
- $5.09
- Market cap
- $93.29M
- Circulating supply
- 18,330,175.014
- 24h change
- 2.45%
Report generated 8/27/2026, 6:34:27 PM · stored corpus assessment · confidence 88%
Crypto Halal Report Criteria
We use a disciplined framework to determine if a digital asset is Comfortable from a sharia perspective, based on three core pillars.
Purpose & Real-World Value Clear
The primary purposes of Horizen include: providing privacy-preserving transactions, enabling scalable blockchain solutions through its sidechain architecture (Zendoo), and supporting decentralized application development. The ZEN token serves as the native currency of the network, used for transaction fees, node operations, and governance.
Honesty & Founder Intent Clear
Horizen implements a fair mining distribution model through Proof of Work, with additional rewards for node operators. The project maintains transparency in its development and operations through regular community updates and open-source code. Revenue Model The platform generates revenue through transaction fees and optional private transaction fees, which are distributed to miners and node opera
Dealing with Risk & Speculation Clear
Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.
Crypto Overview
Purpose and Utility
The primary purposes of Horizen include: providing privacy-preserving transactions, enabling scalable blockchain solutions through its sidechain architecture (Zendoo), and supporting decentralized application development. The ZEN token serves as the native currency of the network, used for transaction fees, node operations, and governance.
Development Activity
The project maintains active development on its core protocol and Zendoo sidechain system. Regular updates and improvements are made to enhance scalability and privacy features.
Token Distribution
Horizen implements a fair mining distribution model through Proof of Work, with additional rewards for node operators. The project maintains transparency in its development and operations through regular community updates and open-source code. Revenue Model The platform generates revenue through transaction fees and optional private transaction fees, which are distributed to miners and node operators. This model does not involve interest-bearing mechanisms or lending protocols.
Rating Justification
ComfortableBased on our analysis, Horizen operates as a legitimate blockchain platform focusing on privacy and scalability solutions. The project's utility is clear and well-defined, serving practical purposes in the blockchain ecosystem. The platform does not engage in prohibited activities such as interest-based lending or gambling. The revenue model is based on transaction fees and mining rewards, which aligns with Islamic principles as it involves actual service provision and value exchange. The privacy features, while potentially concerning from a regulatory perspective, do not inherently conflict with Shariah principles as privacy itself is not prohibited.
While we find this token comfortable to invest in from a Shariah-screening perspective, this does not imply we think it is a strong investment.
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Disclaimer: These reports are findings of AI analysis and cannot be guaranteed to be accurate. Ratings reflect opinions derived from automated criteria applied to the sources you submitted and a corpus of prior assessments. This is not a fatwa and does not determine Islamic law. Ratings may change as projects evolve. Always conduct your own research before investing.
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