Is Midas Fasanara Global Open (MGLO) halal or haram?
Not screened yet
We have not run our Shariah screening on Midas Fasanara Global Open yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Midas Fasanara Global Open (mGLO) is a tokenized exposure to Fasanara's Global Open strategy, issued by Midas on Base. mGLO is an ERC-20 yield-bearing token: holders receive the strategy's performance directly through the token price (NAV), with no rebases and no separate reward claim.
The basics
- Where it lives
- token on ethereum (also on base, optimistic-ethereum, robinhood)
- Circulating supply
- 61,003,135 MGLO
- Total supply
- 61,003,135 MGLO
- Category
- Ethereum Ecosystem, Optimism Ecosystem, Base Ecosystem
Who controls the coins
Read from the token's verified contract on Ethereum (0x1dd91a111606382b77a917633ed90feaf25e0f76) on 2026-09-23: it has mint (held by an account we could not identify), burn (held by an account we could not identify), pause (held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.