Coin98 vs Vulcan Forged: which is halal?
Side-by-side Shariah screening of Coin98 (C98) and Vulcan Forged (PYR) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.
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 →
Is Vulcan Forged (PYR) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Vulcan Forged halal? Vulcan Forged is classified as doubtful (mashbooh) with a Shariah…
Full Vulcan Forged report →■ C98 ■ PYR — higher is better. Scores from the 27-point Shariah screening methodology.
■ C98 ■ PYR
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
Vulcan Forged is classified as doubtful (mashbooh) with a Shariah compliance score of 60/100 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