A CMOS sensor is an array of thousands of photodiodes. So erm... diodes are _already_ used as the basis of modern digital cameras.
I guess building one out of LEDs (diodes designed to emit light, rather than receive it) is feasible but I can't imagine it'd work very well. If you build a big enough camera and calculate the right lenses, it probably would work. But it wouldn't surprise me if the proper size of such a camera was on the order of a 20-feet by 30-foot room (with a "camera sensor" the size of maybe 5-feet by 5-feet, composed of thousands of LEDs acting as terrible photodiodes).
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A proper CMOS sensor miniturizes all of that to happen on a micrometer scale, so you can shrink modern cameras down to... well... the size of our phones.
But the principles of light, sensors, and cameras in general work even with larger / inefficient objects. You just got to build a "large enough" camera to compensate for all the problems.
EDIT: And also what the other poster pointed out about the control circuitry. The circuits in a typical LED Screen are all "output only". There's no way for the information to come back / reverse the LED Screen because the circuits are already set. I'm assuming you're somehow building those circuits and have embedded them into the LEDs somehow.
Also, it would be an infrared screen.