Is Uniswap (UNI) halal?
Uniswap (UNI) passes the crypto Shariah screen Sanad uses. Formally confirmed as Shariah-compliant by the Shariah Advisory Council of Securities Commission Malaysia — a government securities regulator — following its 2020 resolution recognizing qualifying digital assets as māl (Shariah-recognized property).
How it was screened
Securities Commission Malaysia's Shariah Advisory Council (SAC) — 265th SAC Meeting, 9 February 2023 Source ↗
About Uniswap
UNI is the governance token for Uniswap, an Automated Market Marker DEX on the Ethereum blockchain. The UNI token allows token holders to participate in the governance of the protocol. Key decisions such as usage of the treasury or future upgrades can be decided through a governance vote.
| Categories | Decentralized Exchange (DEX) · Exchange-based Tokens · Decentralized Finance (DeFi) · Yield Farming · Automated Market Maker (AMM) · BNB Chain Ecosystem |
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Frequently asked questions
Is Uniswap halal?
Uniswap (UNI) passes the crypto Shariah screen Sanad uses. Formally confirmed as Shariah-compliant by the Shariah Advisory Council of Securities Commission Malaysia — a government securities regulator — following its 2020 resolution recognizing qualifying digital assets as māl (Shariah-recognized property).
Which Shariah framework is used?
Securities Commission Malaysia's Shariah Advisory Council (SAC) — 265th SAC Meeting, 9 February 2023
Can the result change?
Yes. Crypto projects change, so Sanad re-screens against the framework regularly and updates the verdict when a project changes.