Coin98 vs GMX: which is halal?
Side-by-side Shariah screening of Coin98 (C98) and GMX (GMX) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.
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 GMX (GMX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is GMX halal? GMX is classified as doubtful (mashbooh) with a Shariah compliance score of 61.9/100 based on…
Full GMX report →■ C98 ■ GMX — higher is better. Scores from the 27-point Shariah screening methodology.
■ C98 ■ GMX
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
GMX is classified as doubtful (mashbooh) with a Shariah compliance score of 61.9/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.
“While blockchain promotes transparency, adoption will lead to cryptocurrencies that enhance anonymity... undermining benefits.”
— IJFMR