Alchemy Pay vs Coin98: which is halal?
Side-by-side Shariah screening of Alchemy Pay (ACH) and Coin98 (C98) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.
Is Alchemy Pay (ACH) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Alchemy Pay halal? Alchemy Pay is classified as doubtful (mashbooh) with a Shariah compliance…
Full Alchemy Pay report →
Is Coin98 (C98) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Coin98 halal? Coin98 is classified as doubtful (mashbooh) with a Shariah compliance score of 63.8/100…
Full Coin98 report →■ ACH ■ C98 — higher is better. Scores from the 27-point Shariah screening methodology.
■ ACH ■ C98
Alchemy Pay is classified as doubtful (mashbooh) with a Shariah compliance score of 65.9/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“My personal view is that many crypto-assets can be deemed digital assets, while some may serve as a medium of exchange within their specific networks.”
— Mufti Faraz Adam
Coin98 is classified as doubtful (mashbooh) with a Shariah compliance score of 63.8/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“Shariah does not require a currency to have intrinsic value; what matters is social acceptance.”
— Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd