Head to head

Coin98 vs JasmyCoin: which is halal?

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

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 →
JasmyCoin JASMY
Halal · Recommended with Purification
74.5

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

Full JasmyCoin report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
C98JASMY
Legitimacy
65.5
68.8
Project
63.3
71.7
Financial
55
67.5
Tokenomics
64.8
61
Staking
62.6
63

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

Islamic principles
69.685
Riba
56.766.3
Gharar
64.570
Maysir

C98 JASMY

Quick answer
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
JasmyCoin

Yes, JasmyCoin is considered halal for Muslim traders and investors with a Shariah compliance score of 74.5/100 based on our scholar-approved methodology.

Electronic money (e-money) is a permissible payment instrument under Shariah, provided it is structured appropriately.

SAC of Bank Negara Malaysia