Head to head

Akash Network vs IOTA: which is halal?

Side-by-side Shariah screening of Akash Network (AKT) and IOTA (IOTA) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

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 →
IOTA IOTA
Mashbooh · Doubtful · Risky
68.5

Is IOTA (IOTA) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is IOTA halal? IOTA is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 based…

Full IOTA report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
AKTIOTA
Legitimacy
68.8
68.8
Project
71.7
71.7
Financial
67.5
67.5
Tokenomics
61
61
Staking
63
63

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

Islamic principles
71.571.5
Riba
65.765.7
Gharar
67.767.7
Maysir

AKT IOTA

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
IOTA

IOTA 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.

While blockchain promotes transparency, adoption will lead to cryptocurrencies that enhance anonymity... undermining benefits.

IJFMR