This paper proposes, for the first time, a two-source asymmetric turbo-coded-cooperative spatial modulation (SM) scheme over the slow Rayleigh fading channel. As in any coded cooperative communication, the interleaver plays a vital role in mitigating the harsh effect of the wireless channel. Therefore, the code matched interleaver (CMI) is effectively used in the proposed design. The simulated results reveal that the bit error rate (BER) performance of the proposed coded cooperative communication system outperforms the asymmetric turbo-coded non-cooperative scheme under identical conditions. This prominent performance improvement has been made possible due to the joint asymmetric turbo decoding at the destination node. Furthermore, to check the effectiveness of the proposed scheme, we have also developed a two-source asymmetric turbo-coded cooperative scheme based on the vertical bell labs layered space-time (VBLAST), incorporating the CMI as the suitable benchmark. It is observed that the proposed scheme employing SM has a better BER performance than the VBLAST scheme under identical conditions.