Head to head

Coin98 vs MultiversX: which is halal?

Side-by-side Shariah screening of Coin98 (C98) and MultiversX (EGLD) under the same 27-point methodology. Coin98 is rated MASHBOOH while MultiversX 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 →
MultiversX EGLD
Halal · Recommended with Purification
81.2

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

Full MultiversX report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
C98EGLD
Legitimacy
65.5
87.8
Project
63.3
81.3
Financial
55
78.8
Tokenomics
64.8
81
Staking
62.6
78.6

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

Islamic principles
69.682.5
Riba
56.780.1
Gharar
64.580.9
Maysir

C98 EGLD

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
MultiversX

Yes, MultiversX is considered halal for Muslim traders and investors with a Shariah compliance score of 81.2/100 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 system which is acceptable among people is sufficient to establish a currency in Shariah.

Mufti Faraz Adam