Head to head

Akash Network vs IOST: which is halal?

Side-by-side Shariah screening of Akash Network (AKT) and IOST (IOST) under the same 27-point methodology. Akash Network is rated MASHBOOH while IOST is rated HALAL.

Akash Network AKT
Mashbooh · Doubtful · Risky
68.5

Is Akash Network (AKT) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Akash Network halal? Akash Network is classified as doubtful (mashbooh) with a Shariah…

Full Akash Network report →
IOST IOST
Halal · Recommended with Purification
77.9

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

Full IOST report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
AKTIOST
Legitimacy
68.8
75.8
Project
71.7
80.8
Financial
67.5
70.5
Tokenomics
61
74.8
Staking
63
72.8

AKT IOST — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
71.585.4
Riba
65.769.7
Gharar
67.777.5
Maysir

AKT IOST

Quick answer
Akash Network

Akash Network 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.

The defining feature of money in Islam is that it is nothing but a medium of exchange. It is only that and serves nothing but that. It is not a commodity to trade or rent.

Mufti Faraz Adam
IOST

Yes, IOST is considered halal for Muslim traders and investors with a Shariah compliance score of 77.9/100 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.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum