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Current published record

IOTA

IOTA · IOTA · Token

Shariah standard

The only standard that has reviewed this coin so far.

Fasset Shariah Reports v2026.07-pack.1 · Eligible
Eligible

The retained Fasset asset profile records the explicit verdict Shariah Compliant. HilalMarkets identity and use-specific coverage are reviewed separately and no missing source fact was inferred.

Standard usedFasset Shariah Reports v2026.07-pack.1
Decision made2026-07-24 16:50:21 UTC
Published2026-07-24 16:50:21 UTC
Evidence last checked2026-07-24 16:32:51 UTC
Evidence expires2026-07-25 07:26:50 UTC
Next source check2026-08-04 17:15:42 UTC
What this result is

A screening result for this coin, under the one standard named above, on the date named above. It is not a universal religious ruling, and it is not approval of every way the coin can be used.

Why this result

The short reasons a reviewer recorded. The criterion-by-criterion detail is under Evidence.

  • Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

What this covers

A result for the coin is not a result for everything you can do with it. Each use is decided on its own.

Asset-level Fasset reference Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Only the exact asset-level external reference.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:21 UTC

Spot ownership and market monitoring Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Spot monitoring only; no leverage or trade execution.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:21 UTC

Which coin exactly

Many coins share a ticker. A ticker on its own is never treated as proof of which coin was reviewed.

Official nameIOTA
SymbolIOTA
NetworkIOTA
TypeToken
Identity stateVerified
Identity checkedDate not kept

Where it trades

Whether an exchange lists a coin is separate from whether it passed the review.

Binance · IOTA/USDT · spot Trading now

Evidence

What the reviewer decided on each rule, and the sources behind it. Reviewer decisions and AI-organised facts are kept apart.

Rule by rule

Canonical asset identity Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · a524de0d-747e-47a3-90e8-8fd5bc75f060 · 1e8a1f4d-4087-456b-9aac-c2e7523d14a1

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · a524de0d-747e-47a3-90e8-8fd5bc75f060 · 1e8a1f4d-4087-456b-9aac-c2e7523d14a1

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · a524de0d-747e-47a3-90e8-8fd5bc75f060 · 1e8a1f4d-4087-456b-9aac-c2e7523d14a1

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · a524de0d-747e-47a3-90e8-8fd5bc75f060 · 1e8a1f4d-4087-456b-9aac-c2e7523d14a1

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · a524de0d-747e-47a3-90e8-8fd5bc75f060 · 1e8a1f4d-4087-456b-9aac-c2e7523d14a1

Sources

A live link can change. The saved copy and its fingerprint cannot.

IOTA official documentation Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 16:32:34 UTC

Open the source

Technical details
Saved copy1e8a1f4d-4087-456b-9aac-c2e7523d14a1
Fingerprintfe30454f595332bc2764ebbbbfd8526d3c3f247e3c5be311337a0fea960bfa33
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
IOTA official website Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 16:32:31 UTC

Open the source

Technical details
Saved copya524de0d-747e-47a3-90e8-8fd5bc75f060
Fingerprint5cf81c7275ce0f3260ebefa998835f476ceafcdc1902d8f2d0b90bcae14cb8fe
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Fasset Shariah Report: IOTA Available

Explicit retained verdict: Shariah Compliant; source reference: profile:22.

Fasset · taken 2026-07-24 07:26:50 UTC

Open the source

Technical details
Saved copyf8cef110-0383-49c2-81df-761ce429a9e0
Fingerprint1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028
Reader versionmethodology-import-pack:1.0.0
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Facts gathered about this coin Not a religious decision

These facts were organised by software from published sources. Software cannot approve, reject or set a Shariah status; only the reviewer above can.

Official websitehttps://iota.org/
Official documentationhttps://www.iota.org/pdf/IOTA_Technical_and_Tokenomics_Whitepaper.pdf
Primary activityDecentralized ledger infrastructure and smart-contract platform with native digital asset support; focuses on network security via delegated proof-of-stake and transaction fees/storage deposits with burning and rebates.
Token role and utilityNative asset $IOTA used to: (i) pay transaction fees and storage deposits (with fee burn described), (ii) secure the network via staking (delegated proof-of-stake), and (iii) participate in validator reward distribution (subsidy and tips distributed at epoch boundaries).
Asset typenative_coin
Governance modelNot established in the supplied official-source evidence.
TokenomicsTokenomics described in the IOTA Technical and Tokenomics Whitepaper: supply migration/rebase noted (4,600,000,000 IOTA migrated from a previous Stardust network); token is divisible into NANOs; minting and burning mechanisms are described (minting subsidy per epoch and burning a portion of transaction fees). No fixed cap is stated; supply growth designed to remain at most linear over time.
Staking and rewardsNative delegated proof-of-stake (DPoS) staking: users delegate IOTA to validators; validators participate in consensus based on delegated stake. Rewards include a validator subsidy (listed as 767,000 IOTA per ~24-hour epoch) plus tips paid during the epoch, distributed based on performance and commission (validator commission up to 20% is described). Self-custodial staking; stake can be withdrawn/changed with epoch timing.
Lending borrowingNot established in the supplied official-source evidence.
Interest or yieldNot established in the supplied official-source evidence.
Derivatives and prediction productsNot established in the supplied official-source evidence.
Treasury and revenueNot established in the supplied official-source evidence.
Backing redemption or collateralTokenomics described in the IOTA Technical and Tokenomics Whitepaper: supply migration/rebase noted (4,600,000,000 IOTA migrated from a previous Stardust network); token is divisible into NANOs; minting and burning mechanisms are described (minting subsidy per epoch and burning a portion of transaction fees). No fixed cap is stated; supply growth designed to remain at most linear over time.
Plain language profileDecentralized ledger infrastructure and smart-contract platform with native digital asset support; focuses on network security via delegated proof-of-stake and transaction fees/storage deposits with burning and rebates. Native asset $IOTA used to: (i) pay transaction fees and storage deposits (with fee burn described), (ii) secure the network via staking (delegated proof-of-stake), and (iii) participate in validator reward distribution (subsidy and tips distributed at epoch boundaries).
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T16:32:51.756438+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T16:50:21.191614+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

Specific Fasset Shariah Reports decision text/content for the IOTA asset (with the excerpted authority content withheld from AI), including the rationale and any conditions/limitations tied to the status. · A clear mapping in the supplied evidence between the asset requested as 'IOTA' (symbol) and Fasset’s canonical_symbol_candidate shown as 'MIOTA' in the observed row (whether MIOTA=IOTA in that context is not established by the provided data). · Any official-source details (from supplied snapshots) about whether IOTA token supports or is used in lending/interest-bearing yield products, derivatives, or wrapped token uses.

Sources that disagree

Identity/status row mismatch risk: the supplied Fasset observed row for the asset name 'IOTA' shows canonical_symbol_candidate as 'MIOTA', while the user asset is labeled symbol 'IOTA'. The provided evidence does not confirm equivalence.

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:21 UTC
Published2026-07-24 16:50:21 UTC

Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

Everything that happened

  • Reviewer decision

    Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:21 UTC · Amr · start → approved
  • Status changed

    Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:21 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:21 UTC · Hilal Markets · start → published

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