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Current published record

Ultima

ULTIMA · Ultima · Token

Shariah standard

The only standard that has reviewed this coin so far.

Fasset Shariah Reports v2026.07-pack.1 · Eligible
Eligible

The retained Fasset asset profile records the explicit verdict Shariah Compliant. HilalMarkets identity and use-specific coverage are reviewed separately and no missing source fact was inferred.

Standard usedFasset Shariah Reports v2026.07-pack.1
Decision made2026-07-24 16:50:40 UTC
Published2026-07-24 16:50:40 UTC
Evidence last checked2026-07-24 15:29:59 UTC
Evidence expires2026-07-25 07:26:50 UTC
Next source check2026-08-04 17:15:42 UTC
Back to the list Open the full report
What this result is

A screening result for this coin, under the one standard named above, on the date named above. It is not a universal religious ruling, and it is not approval of every way the coin can be used.

Why this result

The short reasons a reviewer recorded. The criterion-by-criterion detail is under Evidence.

  • Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

What this covers

A result for the coin is not a result for everything you can do with it. Each use is decided on its own.

Asset-level Fasset reference Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Only the exact asset-level external reference.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:40 UTC

Spot ownership and market monitoring Covered

Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation.

Scope: Spot monitoring only; no leverage or trade execution.

Based on: Reviewer-approved use decision

Checked 2026-07-24 16:50:40 UTC

Which coin exactly

Many coins share a ticker. A ticker on its own is never treated as proof of which coin was reviewed.

Official nameUltima
SymbolULTIMA
NetworkUltima
TypeToken
Identity stateVerified
Identity checkedDate not kept

Where it trades

Whether an exchange lists a coin is separate from whether it passed the review.

No checked spot market is recorded for this coin on a supported exchange.

Evidence

What the reviewer decided on each rule, and the sources behind it. Reviewer decisions and AI-organised facts are kept apart.

Rule by rule

Canonical asset identity Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 94e60206-018d-4f48-8ffa-605749d8b8d8 · 0503f7cf-8ebd-4c49-9ff7-e1db74eff580

Published Fasset reference Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 94e60206-018d-4f48-8ffa-605749d8b8d8 · 0503f7cf-8ebd-4c49-9ff7-e1db74eff580

Evidence completeness and freshness Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 94e60206-018d-4f48-8ffa-605749d8b8d8 · 0503f7cf-8ebd-4c49-9ff7-e1db74eff580

Source scope and exact asset match Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 94e60206-018d-4f48-8ffa-605749d8b8d8 · 0503f7cf-8ebd-4c49-9ff7-e1db74eff580

HilalMarkets use-specific factual review Pass

The reviewer did not add an explanation for this rule.

Evidence: f8cef110-0383-49c2-81df-761ce429a9e0 · 94e60206-018d-4f48-8ffa-605749d8b8d8 · 0503f7cf-8ebd-4c49-9ff7-e1db74eff580

Sources

A live link can change. The saved copy and its fingerprint cannot.

Ultima official documentation Available

Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning.

Official project source · taken 2026-07-24 15:29:25 UTC

Open the source

Technical details
Saved copy0503f7cf-8ebd-4c49-9ff7-e1db74eff580
Fingerprinte616f311f57b97557b1b40e4290ab7ea96942d0a789d8ab700bd90313dcae36e
Reader versionscrapling-evidence-v1
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Fasset Shariah Report: Ultima Available

Explicit retained verdict: Shariah Compliant; source reference: profile:224.

Fasset · taken 2026-07-24 07:26:50 UTC

Open the source

Technical details
Saved copyf8cef110-0383-49c2-81df-761ce429a9e0
Fingerprint1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028
Reader versionmethodology-import-pack:1.0.0
AI readinggpt-5.4-nano:sharia-factual-dossier-v2
Facts gathered about this coin Not a religious decision

These facts were organised by software from published sources. Software cannot approve, reject or set a Shariah status; only the reviewer above can.

Official websitehttps://ultima.io/en/
Official documentationhttps://ultima.io/documents/en/WhitePaperUT.pdf
Primary activityWeb3 ecosystem / L1 blockchain and related consumer/infrastructure products (e.g., “DeFi-U” splitting/liquidity pools, trading platform, SMART Wallet, store/marketplaces, crypto debit card, and Telegram game integration described in the provided whitepaper).
Token role and utilityULTIMA is described as a reward token (“A hyperinflationary token, ULTIMA, is awarded to users as a reward”), used for ecosystem actions and as a component for liquidity/pool-based reward distribution and system-wide usage (as described in the provided whitepaper).
Asset typenative_coin
Governance modelThe provided evidence does not include treasury management, on-chain/off-chain governance rules, or governance voting mechanisms. It only mentions “Voting and rewards on SMART Blockchain” in the roadmap without further detail.
TokenomicsWhitepaper claims: limited offer (total tokens on the market: 100,000); delegated liquidity pools and daily distribution of ULTIMA rewards to “split token holders”; halving rule (every 10,000,000 blocks distribution decreases by 2x); deflationary strategy and value growth strategy described. “Splitting” described as a liquidity-pool mechanism where rewards are issued by a smart contract to users who increase liquidity, proportional to the number of “splits” (split tokens).
Staking and rewardsSMART staking is mentioned in the roadmap (“SMART staking in SMART Wallet”), but the provided evidence does not include staking mechanics, contract details, or reward source specifics beyond the general ecosystem description in the whitepaper.
Lending borrowingNo explicit lending/borrowing (credit markets) is described in the provided evidence. Yield-like mechanics are described as liquidity-pool reward distribution via “splitting”/pool rewards, but this is not evidenced as traditional lending.
Interest or yieldNo explicit lending/borrowing (credit markets) is described in the provided evidence. Yield-like mechanics are described as liquidity-pool reward distribution via “splitting”/pool rewards, but this is not evidenced as traditional lending.
Derivatives and prediction productsNo derivatives/perpetuals/options/structured products are described in the provided evidence.
Treasury and revenueThe provided evidence does not include treasury management, on-chain/off-chain governance rules, or governance voting mechanisms. It only mentions “Voting and rewards on SMART Blockchain” in the roadmap without further detail.
Backing redemption or collateralWhitepaper claims: limited offer (total tokens on the market: 100,000); delegated liquidity pools and daily distribution of ULTIMA rewards to “split token holders”; halving rule (every 10,000,000 blocks distribution decreases by 2x); deflationary strategy and value growth strategy described. “Splitting” described as a liquidity-pool mechanism where rewards are issued by a smart contract to users who increase liquidity, proportional to the number of “splits” (split tokens).
Plain language profileWeb3 ecosystem / L1 blockchain and related consumer/infrastructure products (e.g., “DeFi-U” splitting/liquidity pools, trading platform, SMART Wallet, store/marketplaces, crypto debit card, and Telegram game integration described in the provided whitepaper). ULTIMA is described as a reward token (“A hyperinflationary token, ULTIMA, is awarded to users as a reward”), used for ecosystem actions and as a component for liquidity/pool-based reward distribution and system-wide usage (as described in the provided whitepaper).
ProvenanceHILALMARKETS_AI_ENRICHMENT_UNVERIFIED
Last evidence verification2026-07-24T15:29:59.714448+00:00
Evidence expires at2026-07-25T07:26:50.003280+00:00
Next governance review at2026-07-25T16:50:40.651726+00:00
NoticeHilalMarkets factual research is not Fasset's unpublished reasoning and is not an independent religious ruling.
Gaps in the evidence

A Fasset Shariah Reports row (or asset-specific entry) explicitly matching Ultima (ULTIMA) with its status language (e.g., “Shariah Compliant”) and any asset-specific source detail fields. · SMART staking details: reward formula, staking asset(s) involved, lock/withdraw rules, and how rewards are funded (beyond roadmap mention). · Any explicit information about lending/borrowing features, if they exist. · Any explicit governance documentation showing how decisions are made and by whom (beyond a roadmap mention). · Token smart contract / consensus / token utility confirmations from primary protocol sources (only narrative text was provided in the supplied whitepaper excerpt).

History

Older events stay visible after newer versions replace them.

The human decision

DecisionApproved
Who decidedExternal reference automation
When2026-07-24 16:50:40 UTC
Published2026-07-24 16:50:40 UTC

Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

Everything that happened

  • Reviewer decision

    Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:40 UTC · Amr · start → approved
  • Status changed

    Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.

    2026-07-24 16:50:40 UTC · External authority reference automation · start → eligible
  • Published

    The reviewed decision was published as an immutable Passport version.

    2026-07-24 16:50:40 UTC · Hilal Markets · start → published

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