Head to head

Coin98 vs VVS Finance: which is halal?

Side-by-side Shariah screening of Coin98 (C98) and VVS Finance (VVS) 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 →
VVS Finance VVS
Mashbooh · Doubtful · Risky
65.3

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

Full VVS Finance report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
C98VVS
Legitimacy
65.5
50.5
Project
63.3
73.6
Financial
55
59.3
Tokenomics
64.8
59.8
Staking
62.6
61.2

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

Islamic principles
69.674.3
Riba
56.759.4
Gharar
64.560
Maysir

C98 VVS

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
VVS Finance

VVS Finance is classified as doubtful (mashbooh) with a Shariah compliance score of 65.3/100 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.

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