Is Immutable X (IMX) Halal or Haram?

Screening Criteria

• Real utility — NFT gaming infrastructure ✅
• No gambling mechanism in the protocol ✅
• No interest-bearing structure ✅
• Focus on legitimate gaming studios ✅
• Gas-free NFT minting = genuine service ✅

Scholar’s Note

Immutable X provides infrastructure for NFT gaming — it is the Layer 2, not the games themselves. The protocol charges no gas fees for NFT minting and provides settlement security. As infrastructure with no inherent gambling or riba, IMX is generally considered halal.

Our Screening Methodology

We screen every cryptocurrency against 5 criteria derived from AAOIFI Shariah Standards and scholarly consensus:

• ✓ No Riba — No interest-bearing mechanisms or yield that resembles usury
• ✓ No Gharar — No excessive uncertainty or deception in the token’s structure
• ✓ No Maysir — No gambling mechanics or purely speculative mechanisms
• ✓ Genuine Utility — The asset serves a real economic or technological purpose
• ✓ Halal Business — The underlying project does not facilitate haram activities