Is Jito (JTO) Halal or Haram?

Shariah compliance review of Jito (JTO) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.

Trading verdict: Questionable

Jito is Questionable for trading.

Staking verdict: Questionable

JTO is a governance token of the Jito protocol putting the decision making and future of the network in the hands of the community. There is not Proof-of-Stake consensus protocol.

Browse all Shariah-compliant cryptocurrencies on the EthicalNode halal crypto screener.