Head to head

IoTeX vs Trust Wallet: which is halal?

Side-by-side Shariah screening of IoTeX (IOTX) and Trust Wallet (TWT) under the same 27-point methodology. IoTeX is rated MASHBOOH while Trust Wallet 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 →
Trust Wallet TWT
Halal · Recommended with Purification
77.1

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

Full Trust Wallet report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
IOTXTWT
Legitimacy
68.8
83.3
Project
71.7
80
Financial
67.5
64.3
Tokenomics
61
73
Staking
63
76.8

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

Islamic principles
71.584.8
Riba
65.770.3
Gharar
7074.6
Maysir

IOTX TWT

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
Trust Wallet

Yes, Trust Wallet is considered halal for Muslim traders and investors with a Shariah compliance score of 77.1/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

In principle, it is permissible to invest and trade in digital currencies and tokens on registered digital asset exchanges.

SAC of Securities Commission Malaysia