Head to head

Coin98 vs Numeraire: which is halal?

Side-by-side Shariah screening of Coin98 (C98) and Numeraire (NMR) under the same 27-point methodology. Coin98 is rated MASHBOOH while Numeraire 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 →
Numeraire NMR
Halal · Recommended with Purification
73.4

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

Full Numeraire report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
C98NMR
Legitimacy
65.5
71.3
Project
63.3
72.3
Financial
55
68.5
Tokenomics
64.8
76.2
Staking
62.6
69.4

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

Islamic principles
69.679.6
Riba
56.765.5
Gharar
64.574.4
Maysir

C98 NMR

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
Numeraire

Yes, Numeraire is considered halal for Muslim traders and investors with a Shariah compliance score of 73.4/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

Objections... are not strong enough to warrant a verdict of impermissibility.

Fiqh Council of North America