Decentraland

Holding MANA pays no interest; it has no staking or yield function.

Riba is interest or any guaranteed increase on a loan. MANA is an ERC-20 payment and voting token with no native staking or interest function, so holding it produces no return. CryptoUmmah notes that the DAO treasury composition is undisclosed, but no interest-bearing holding is documented. Sharlife lists MANA as permissible, so the criterion is at the maximum.

MANA is the token used to buy land, names and items in Decentraland and to vote in its DAO.

This criterion asks whether the asset has real value as property (mal). MANA pays for LAND, names and wearables in the Decentraland marketplace and gives a vote in the DAO. Sharlife, the first authoritative source that rates it, lists it as permissible. The Shariyah Review Bureau's assessment disagrees, saying Decentraland adds no real-world value and has very few users; that view is recorded in positions and confidence, while this criterion follows the authoritative source.

MANA is not a game of chance, but trading in MANA and virtual land is heavily speculative.

Maysir is gambling: gaining or losing by chance rather than through productive exchange. MANA is a utility and voting token, not a game of chance. CryptoUmmah scores maysir 64.1/100 because speculative trading of MANA and LAND parcels coexists with their use and there are few controls on speculation; MANA is about 98.3% below its 2021 high. The criterion stays at pass, below the maximum.

The DAO earns marketplace fees on sales of land, names and items; no impermissible income is documented.

This criterion asks how the issuer or ecosystem earns and whether that income is impermissible. The DAO receives a 2.5% fee on primary marketplace sales and part of OpenSea fees on LAND, Estates, Names and wearables, plus a 222 million MANA vesting fund; the Foundation was funded by the 2017 token sale. These are fees for sales of virtual goods, and no interest or other impermissible income is documented, so the criterion is at the maximum.

Founders, allocation, DAO powers and fees are published, and the MANA contract cannot be changed.

Gharar is excessive uncertainty or hidden information. Decentraland's founders, its ICO allocation, the DAO's powers and its fee rules are public, and the documentation states that no one, including the DAO, can modify the MANA contract. CryptoUmmah notes an undisclosed treasury composition and no documented audits, but the token's terms are clear. No concrete uncertainty about what holders own was found, so the criterion is at the maximum.

Fully paid spot MANA is widely available and can be held in self-custody.

This criterion asks whether the asset can be owned in a permissible way. MANA trades spot with full payment and delivery on Upbit, Binance and many other exchanges, and as an ERC-20 token it can be held in self-custody. The criterion is at the maximum.

Decentraland offers a creator economy and social space; no fraud or hack involving MANA is documented.

Maslahah weighs benefit against harm. Decentraland lets creators earn from games, wearables and events, and runs open community programmes such as buildathons. No source collected documents fraud or a hack involving MANA. The harm from gambling-adjacent content is counted under usage, so this criterion is at the maximum.