Quick analysis of HUMA coin before listing

HUMA coin is literally a crazy project, look at what happened:

• It dropped at a price of 0.107 on the platform (I won't mention its name).

• It quickly rose to 0.127, which is about +20%.

• And then it immediately went back to 0.107.

Alright… from the project’s perspective:

• It facilitates international payments, for example, sending money from one country to another.

• It integrates bank cards like Visa and MasterCard into its system.

• It provides instant liquidity for entities that need quick financing.

From a Sharia perspective:

There is a clear suspicion of usury, especially in the financing mechanism and the way of returns.

But to be fair:

• The situation hasn’t been clearly established so far.

• If it turns out that the project is Sharia-compliant, I might write a direct recommendation.

I am currently following the project closely.

If you have an opinion or a deeper analysis from a Sharia perspective, share it with me in the comments.

My comment:

After analyzing the official documents, I found that the project provides loans based on future income and promises double-digit returns to liquidity providers.

But they do not explain well how the profits are achieved.

This creates a strong suspicion regarding usury.

We will follow the matter closely, and if there are any clear updates, I will clarify them to you.

And if you want me to publish a recommendation, dive into the project and let me know, that’s what I found.