Coin98 vs Flare: which is halal?
Side-by-side Shariah screening of Coin98 (C98) and Flare (FLR) under the same 27-point methodology. Coin98 is rated MASHBOOH while Flare is rated HALAL.
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 →
Is Flare (FLR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Flare halal? Yes, Flare is considered halal for Muslim traders and investors with a Shariah compliance…
Full Flare report →■ C98 ■ FLR — higher is better. Scores from the 27-point Shariah screening methodology.
■ C98 ■ FLR
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
Yes, Flare is considered halal for Muslim traders and investors with a Shariah compliance score of 81.7/100 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.
“Objections... are not strong enough to warrant a verdict of impermissibility.”
— Fiqh Council of North America