Head to head

IOTA vs Shadow Token: which is halal?

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

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 →
Shadow Token SHDW
Mashbooh · Doubtful · Risky
55.9

Is Shadow Token (SHDW) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Shadow Token halal? Shadow Token is classified as doubtful (mashbooh) with a Shariah compliance…

Full Shadow Token report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
IOTASHDW
Legitimacy
68.8
54.3
Project
71.7
55.8
Financial
67.5
42.8
Tokenomics
61
58.2
Staking
63
57.4

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

Islamic principles
71.562.8
Riba
65.749.7
Gharar
67.753.7
Maysir

IOTA SHDW

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
Shadow Token

Shadow Token is classified as doubtful (mashbooh) with a Shariah compliance score of 55.9/100 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.

My personal view is that many crypto-assets can be deemed digital assets, while some may serve as a medium of exchange within their specific networks.

Mufti Faraz Adam