Head to head

Coin98 vs Seedify-fund: which is halal?

Side-by-side Shariah screening of Coin98 (C98) and Seedify-fund (SFUND) 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 →
Seedify-fund SFUND
Mashbooh · Doubtful · Risky
64.3

Is Seedify-fund (SFUND) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Seedify-fund halal? Seedify-fund is classified as doubtful (mashbooh) with a Shariah…

Full Seedify-fund report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
C98SFUND
Legitimacy
65.5
64.3
Project
63.3
68.7
Financial
55
60
Tokenomics
64.8
56.6
Staking
62.6
64.8

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

Islamic principles
69.672.3
Riba
56.757.9
Gharar
64.560.9
Maysir

C98 SFUND

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
Seedify-fund

Seedify-fund is classified as doubtful (mashbooh) with a Shariah compliance score of 64.3/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective.

The defining feature of money in Islam is that it is nothing but a medium of exchange. It is only that and serves nothing but that. It is not a commodity to trade or rent.

Mufti Faraz Adam