Side-by-side Shariah screening of IOST (IOST) and NEAR Protocol (NEAR) under the same 27-point methodology. Both currently carry a HALAL verdict.
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 →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 →■ IOST ■ NEAR — higher is better. Scores from the 27-point Shariah screening methodology.
■ IOST ■ NEAR
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
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