Head to head

Arkham vs Coin98: which is halal?

Side-by-side Shariah screening of Arkham (ARKM) and Coin98 (C98) under the same 27-point methodology. Arkham is rated HALAL while Coin98 is rated MASHBOOH.

Arkham ARKM
Halal · Recommended with Purification
75.8

Is Arkham (ARKM) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Arkham halal? Yes, Arkham is considered halal for Muslim traders and investors with a Shariah…

Full Arkham report →
Coin98 C98
Mashbooh · Doubtful · Risky
63.8

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 →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
ARKMC98
Legitimacy
85.5
65.5
Project
81.6
63.3
Financial
63
55
Tokenomics
72
64.8
Staking
60
62.6

ARKM C98 — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
82.569.6
Riba
67.356.7
Gharar
76.864.5
Maysir

ARKM C98

Quick answer
Arkham

Yes, Arkham is considered halal for Muslim traders and investors with a Shariah compliance score of 75.8/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

Objections... are not strong enough to warrant a verdict of impermissibility.

Fiqh Council of North America
Coin98

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