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UMA

Is UMA (UMA) halal or haram?

Not screened yet

We have not run our Shariah screening on UMA 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.

Screen UMA now Runs our full screening and publishes the verdict on this page.

What it is

UMA is a decentralized financial contracts platform built to enable Universal Market Access.

The basics

Where it lives
token on ethereum (also on avalanche)
Circulating supply
92,584,256 UMA
Total supply
131,302,487 UMA
Category
Decentralized Finance (DeFi), Oracle, Derivatives

Who controls the coins

Read from the token's verified contract on Ethereum (0x04fa0d235c4abf4bcf4787af4cf447de572ef828) on 2026-09-23: it has mint (held by an account we could not identify); what these allow is checked at screening.

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.