Jito
JTO#123JTO is the governance token of Jito, which runs Solana's JitoSOL staking pool and tools for ordering transactions in blocks.
Passes all 8 Shariah criteria.
- 8 pass
- 0 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold Jito?8 Shariah criteria
8 pass · 0 caution · 0 failHolding JTO pays no interest; the DAO's income comes from fees on staking rewards and transaction tips, not lending.
Riba means interest or any guaranteed increase on a loan. JTO has no built-in yield. The DAO earns fees on JitoSOL staking rewards and on MEV tips and priority fees distributed through TipRouter; these come from validation work and payments for block space, not loans. CryptoUmmah treats JitoSOL as profit-sharing between stakers and validators. Under JIP-38 the DAO's share of JTX trading fees funds JTO repurchases and burns, which pass fee income, not interest, to holders. With no interest identified, the criterion gets the maximum score; CryptoUmmah treats this as non-riba.
JTO governs a large staking and block-building business, but its only function is governance.
Mal is property that Islamic law recognises as having value and that can be owned and traded. JTO gives votes over a working network: about $1.23 billion in JitoSOL on 1 October 2026, more than 350 validators in the stake pool, and BAM running on over 31% of Solana stake. The score is lowered within pass for a concrete limit: JTO is not needed to use Jito's products, so its value rests on governance over revenue.
JTO is not a gambling token, but about 88% of its trading is in futures and Jito's trading platform plans prediction markets.
Maysir is gambling: winning or losing by chance rather than through productive exchange. JTO has no chance-based payout. On 1 October 2026 perpetual futures were about 88% of JTO/USDT volume on Binance and Bybit combined (single-day snapshot). JTX, whose fee revenue JIP-38 directs to JTO repurchases, lists prediction markets and perpetual futures as planned products; they were not live when checked. These lower the score within pass.
Income comes from staking-reward fees and transaction-ordering tips, a service whose harmful uses Jito polices; JTX's planned perpetuals would add impermissible revenue.
This criterion asks how the protocol earns. Jito earns fees on JitoSOL staking rewards and on tips paid for placing bundles of transactions in blocks; DefiLlama counted about $9.19 million of protocol revenue over the year to 1 October 2026. Selling transaction ordering is disputed because it can be used for sandwich trades that harm users; Jito's Blacklisting Policy removes validators with high sandwich rates from its stake pool, and CryptoUmmah asks for light purification over MEV.
JTX earns spot trading fees today, but if its planned perpetual futures launch, their fees would feed JTO repurchases under JIP-38. The score is lowered within pass for these concrete points.
Governance and revenue decisions are public, but about half of JTO is not yet circulating and key upgrade powers sit with councils during a handoff.
Gharar is excessive uncertainty or hidden information in a deal. Jito publishes its proposals and revenue policy on its forum, and the DAO adopted a veto mechanism in 2026. Two concrete points lower the score slightly: only about 527 million of 1 billion JTO were circulating on 1 October 2026, so further supply will reach the market, and upgrade permissions for TipRouter and StakeNet remain with the Jito Security Council and the Jito Labs Developer Council during a handoff to the DAO. CryptoUmmah also notes concentration among early investors and limited audit disclosure.
JTO governs staking and block-building infrastructure for Solana.
This criterion looks at what the asset is actually used for. JTO votes on the Jito DAO, which runs a liquid staking pool, block-building infrastructure and a spot trading platform. These are general services; no impermissible primary use was found, so the criterion gets the maximum score.
Fully paid spot JTO is available on major exchanges and can be held in one's own Solana wallet.
This criterion asks whether the asset can be owned in a permissible way. JTO trades spot with full payment and delivery on major exchanges such as Binance and Bybit and can be withdrawn to a self-custody Solana wallet. Ownership does not depend on derivatives, so the criterion gets the maximum score.
Jito spreads stake across hundreds of validators and fights harmful MEV, but its ordering tools can still be used against users.
Maslahah weighs public benefit against harm. JitoSOL delegates to more than half of Solana's validators, supporting decentralisation, and Jito's policy bans validators that sandwich users too often. Still, transaction-ordering markets can be used for trades that profit at other users' expense, and CryptoUmmah notes information asymmetry in MEV revenue. This concrete risk lowers the score slightly.
How you can use it
Tap a card for the ruling and sourcesBuying JTO with full payment and immediate delivery is available on major exchanges, and tokens can be moved to a self-custody wallet. Spot is acceptable for a HALAL-rated asset.
No exchange-traded fund holding JTO was identified in this review. Any fund must be checked separately for lending of the token and interest income.
JTO is a governance token and is not used as a means of payment. Tier-1 bodies such as Indonesia's MUI rule that using cryptocurrency as currency is not permissible.
JTO itself has no network staking reward; JTO can be placed in restaking vaults that share a small part of TipRouter fees, which is largely passive. Staking SOL through JitoSOL is a separate product and earns validation rewards, not interest.
Margin trading in JTO is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
JTO perpetual futures make up most of its trading volume, but futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending JTO on lending protocols or exchange programmes pays depositors interest from borrowers. This is riba.
JTO yield products built on lending, leverage or basis trading pay interest or interest-like returns and fail.
Scholars quotes
The opinion on this is the same as doing the same with any halal assets such as shares – 1) is permissible, 2) is more debatable and there are differing opinions on short-term trading.As I mentioned at the beginning of this article it is not necessary to substantiate the permissibility of something as long as there are no prohibited factors involved in it or surrounding it.Penggunaan cryptocurrency sebagai mata uang hukumnya haram, karena mengandung gharar (ketidakjelasan), dharar (bahaya) dan bertentangan dengan Undang-Undang nomor 7 tahun 2011 tentang Mata Uang dan Peraturan Bank Indonesia nomor 17 tahun 2015 tentang Kewajiban Penggunaan Rupiah di Wilayah Negara Kesatuan Republik Indonesia.Sebagaimana mata wang yang lain, mata wang digital hendaklah tidak digunakan sebagai bayaran kepada barangan, perkhidmatan dan aktiviti tidak patuh Syariah seperti pembelian dadah, pelacuran, perjudian dan pendanaan aktiviti keganasan serta penggubahan wang haram.The SAC has also resolved that investment and trading of Digital Assets that fulfil the above requirements and which are traded on Digital Asset Exchange (DAX) registered with SC are permissible.Third: In light of the above and given the significant risks associated with this type of currencies and the instability of their transactions, the Council of the Academy recommends pursuing research and studies on issues affecting its ruling.Bitcoin is a digital currency that does not meet the legal and Sharia criteria that make it a currency subject to the rulings of dealing with official legal currencies recognized internationally.بناءً على ذلك: فلا يجوز شرعًا تداول عملة "البتكوين" والتعامل من خلالها بالبيعِ والشراءِ والإجارةِ وغيرها، بل يُمنع من الاشتراكِ فيها؛ لعدمِ اعتبارِها كوسيطٍ مقبولٍ للتبادلِ من الجهاتِ المخُتصَّةِ، ولِمَا تشتمل عليه من الضررِ الناشئ عن الغررِ والجهالةِ والغشِّ في مَصْرِفها ومِعْيارها وقِيمتها، فضلًا عما تؤدي إليه ممارستُها من مخاطرَ عاليةٍ على الأفراد والدول.According to research and opinion of experts so far, cryptocurrency is not considered ‘ maal ’ (wealth) in Sharia.Muhammadiyah memandang transaksi dan investasi kripto pada dasarnya mubah (boleh) tetapi dengan syarat tertentu.Our current position is 'tawaquf'; we can't say it is halal or haram, but we say it is better not to engage in itAI-assisted analysis checked against sources. Not a fatwa or investment advice.
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
