Head to head

Filecoin vs IOTA: which is halal?

Side-by-side Shariah screening of Filecoin (FIL) and IOTA (IOTA) under the same 27-point methodology. Filecoin is rated HALAL while IOTA is rated MASHBOOH.

Filecoin FIL
Halal · Recommended with Purification
84.7

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

Full Filecoin 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
FILIOTA
Legitimacy
94.3
68.8
Project
86.7
71.7
Financial
77.8
67.5
Tokenomics
86.6
61
Staking
69.4
63

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

Islamic principles
88.671.5
Riba
78.865.7
Gharar
86.567.7
Maysir

FIL IOTA

Quick answer
Filecoin

Yes, Filecoin is considered halal for Muslim traders and investors with a Shariah compliance score of 84.7/100 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.

In principle, it is permissible to invest and trade in digital currencies and tokens on registered digital asset exchanges.

SAC of Securities Commission Malaysia
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