Water hyacinth, the devastating weed grows in water bodies either naturally or as a result of human interference, is considered as threat to environment due to its negative effects on aquatic ecosystems. To alleviate its negative impact utilization of those become as better mean in recent decades. As such, water hyacinth is known to has potential to be utilized as nutrient source via composting, all most all types of composting techniques are applicable in preparation of compost from water hyacinth. Being an organic source, water hyacinth helps build up soil organic matter, in turn play vital role in the enrichment of the soil physical, chemical and biological properties. Aggregation of soil particles, porosity, density, water holding capacity, nutrient availability, cation exchange capacity, pH, soil microorganism are the soil properties reported to improve with water hyacinth compost application. Moreover, water hyacinth compost seems to be far better than the animal manures in improvement of soil properties. As a result, water hyacinth compost shows magnificent effect of plant agronomic growth parameters such as germination percentage, number of leaves, leaf area index, plant height, length of shoot and root, root: shoot ratio, biomass content as well as yield parameters. However, utilization of water hyacinth has few challenges like difficulties in harvesting, chance for heavy metal accumulation, hardness during decomposition, less awareness. Properly managed water hyacinth compost would serve as an alternative for inorganic nutrient sources in future thus indirectly the threat caused by this aquatic weed on environmental would become minimum.