Head to head

Coin98 vs PancakeSwap: which is halal?

Side-by-side Shariah screening of Coin98 (C98) and PancakeSwap (CAKE) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

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 →
PancakeSwap CAKE
Mashbooh · Doubtful · Risky
68.5

Is PancakeSwap (CAKE) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is PancakeSwap halal? PancakeSwap is classified as doubtful (mashbooh) with a Shariah compliance…

Full PancakeSwap report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
C98CAKE
Legitimacy
65.5
68.8
Project
63.3
71.7
Financial
55
67.5
Tokenomics
64.8
61
Staking
62.6
63

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

Islamic principles
69.671.5
Riba
56.765.7
Gharar
64.567.7
Maysir

C98 CAKE

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
PancakeSwap

PancakeSwap is classified as doubtful (mashbooh) with a Shariah compliance score of 68.5/100 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.

Before investing, screening crypto-assets for Shariah compliance is "absolutely essential." This includes legitimacy, project, financials, token, and staking mechanism screenings.

Mufti Faraz Adam