Immutable

Holding IMX pays nothing; staking rewards come from protocol fees paid in IMX, not from loans.

Riba is interest or any guaranteed increase on a loan. IMX has no lending function. Immutable says the 20% of protocol fees that must be paid in IMX are reserved as rewards for active ecosystem participants who stake, so the reward is a variable share of real fee income tied to activity, not a fixed return on a loan. CryptoUmmah finds no riba-bearing mechanism, so the criterion is at the maximum.

IMX is the gas and fee token of a live gaming blockchain.

This criterion asks whether the asset has real value as property (mal). IMX pays gas on Immutable zkEVM, pays part of every protocol fee and is used in governance, so it has a real function in a working platform used by game studios. CryptoUmmah, the authoritative source, rates the token highly on this ground, so the general scholarly debate about crypto is reflected in confidence rather than in this score.

IMX has no gambling mechanics; it is the fee token of a gaming platform.

Maysir is gambling: gaining or losing by chance rather than through productive exchange. IMX itself has no lottery, prediction or meme features. CryptoUmmah notes that games and NFT trading can be close to speculation, but no source shows a specific gambling mechanism in IMX or the protocol, and individual games are judged on their own. The criterion is at the maximum.

The protocol earns fees on trades of game assets; no interest or other impermissible income is shown.

This criterion asks how the protocol earns and whether any of that income is impermissible. Immutable's protocol charges fees on transactions such as trades of in-game items, 20% of which must be paid in IMX. CryptoUmmah also finds revenue derives from transaction fees rather than interest. No source shows impermissible income, so the criterion is at the maximum.

Tokenomics are published and unlocks are complete, but the company controlled most of the supply and its token sales drew an SEC inquiry.

Gharar is excessive uncertainty or hidden information. Immutable publishes its allocation and unlock schedule, and all scheduled unlocks ended on 31 October 2025. But ecosystem development (51.72%) and project development (25%) gave the company control of over three quarters of the supply, and only about 904 million of 2 billion IMX were counted as circulating on 1 October 2026, so how the rest is used is a real uncertainty. The SEC also questioned Immutable's 2021 token sales and representations about early backing, before closing its inquiry without action in March 2025.

IMX is used for gas, protocol fees, staking and governance in a gaming ecosystem.

This criterion looks at what the asset is actually used for. IMX pays gas and part of the fees on a chain used by game studios such as Ubisoft and 1047 Games, and it is staked and used in votes. These are permissible infrastructure uses; whether a particular game is permissible is a separate question. The criterion is at the maximum.

Fully paid spot IMX is widely available and can be held in any Ethereum wallet.

This criterion asks whether the asset can be owned in a permissible way. IMX is an ordinary ERC-20 token traded spot with full payment and delivery on major exchanges and decentralised markets, and it can be held in self-custody. Ownership does not depend on derivatives or leverage, so the criterion is at the maximum.

Immutable gives players verifiable ownership of game items; no concrete harm is documented.

Maslahah weighs benefit against harm. Immutable lets players own and trade in-game items and gives game studios tools for wallets and marketplaces. No source collected shows the platform being used mainly for fraud, sanctions evasion or a major security incident. The criterion is at the maximum.