Head to head

IOST vs NEAR Protocol: which is halal?

Side-by-side Shariah screening of IOST (IOST) and NEAR Protocol (NEAR) under the same 27-point methodology. Both currently carry a HALAL verdict.

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 →
NEAR Protocol NEAR
Halal · Recommended with Purification
82.4

Is NEAR Protocol (NEAR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is NEAR Protocol halal? Yes, NEAR Protocol is considered halal for Muslim traders and investors…

Full NEAR Protocol report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
IOSTNEAR
Legitimacy
75.8
90.8
Project
80.8
81.9
Financial
70.5
78.3
Tokenomics
74.8
80
Staking
72.8
81.6

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

Islamic principles
85.485.4
Riba
69.779.7
Gharar
77.581.6
Maysir

IOST NEAR

Quick answer
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
NEAR Protocol

Yes, NEAR Protocol is considered halal for Muslim traders and investors with a Shariah compliance score of 82.4/100 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.

Electronic money (e-money) is a permissible payment instrument under Shariah, provided it is structured appropriately.

SAC of Bank Negara Malaysia