IOTA vs Waves: which is halal?
Side-by-side Shariah screening of IOTA (IOTA) and Waves (WAVES) under the same 27-point methodology. IOTA is rated MASHBOOH while Waves is rated HALAL.
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 →
Is Waves (WAVES) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Waves halal? Yes, Waves is considered halal for Muslim traders and investors with a Shariah…
Full Waves report →■ IOTA ■ WAVES — higher is better. Scores from the 27-point Shariah screening methodology.
■ IOTA ■ WAVES
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
Yes, Waves is considered halal for Muslim traders and investors with a Shariah compliance score of 73.3/100 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