Head to head

IoTeX vs MVL: which is halal?

Side-by-side Shariah screening of IoTeX (IOTX) and MVL (MVL) under the same 27-point methodology. IoTeX is rated MASHBOOH while MVL 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 →
MVL MVL
Halal · Recommended with Purification
72.2

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

Full MVL report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
IOTXMVL
Legitimacy
68.8
69.3
Project
71.7
78
Financial
67.5
63.8
Tokenomics
61
71.4
Staking
63
59.2

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

Islamic principles
71.578.3
Riba
65.763.1
Gharar
7074.6
Maysir

IOTX MVL

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
MVL

Yes, MVL is considered halal for Muslim traders and investors with a Shariah compliance score of 72.2/100 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.

In Shariah, the fundamental requirement for a counter value or consideration is that it has status as māl, meaning property.

Mufti Muhammad Abu-Bakar