Head to head

IoTeX vs JasmyCoin: which is halal?

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

IoTeX IOTX
Mashbooh · Doubtful · Risky
69.1

Is IoTeX (IOTX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is IoTeX halal? IoTeX is classified as doubtful (mashbooh) with a Shariah compliance score of 69.1/100…

Full IoTeX 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
IOTXJASMY
Legitimacy
68.8
68.8
Project
71.7
71.7
Financial
67.5
67.5
Tokenomics
61
61
Staking
63
63

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

Islamic principles
71.585
Riba
65.766.3
Gharar
7070
Maysir

IOTX JASMY

Quick answer
IoTeX

IoTeX is classified as doubtful (mashbooh) with a Shariah compliance score of 69.1/100 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.

The defining feature of money in Islam is that it is nothing but a medium of exchange. It is only that and serves nothing but that. It is not a commodity to trade or rent.

Mufti Faraz Adam
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