Head to head

Celo vs Coin98: which is halal?

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

Celo CELO
Halal · Recommended with Purification
80.1

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

Full Celo 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
CELOC98
Legitimacy
87
65.5
Project
81.7
63.3
Financial
65.8
55
Tokenomics
78.8
64.8
Staking
79.6
62.6

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

Islamic principles
84.869.6
Riba
75.656.7
Gharar
79.164.5
Maysir

CELO C98

Quick answer
Celo

Yes, Celo is considered halal for Muslim traders and investors with a Shariah compliance score of 80.1/100 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.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum
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