Head to head

IOTA vs JasmyCoin: which is halal?

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

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 →
JasmyCoin JASMY
Halal · Recommended with Purification
74.5

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

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

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

Islamic principles
71.585
Riba
65.766.3
Gharar
67.770
Maysir

IOTA JASMY

Quick answer
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
JasmyCoin

Yes, JasmyCoin is considered halal for Muslim traders and investors with a Shariah compliance score of 74.5/100 based on our scholar-approved methodology.

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

SAC of Bank Negara Malaysia