No. As of October 2026, UMT United Mobility Technology AG (UMDK.DE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. UMT United Mobility Technology AG does not pass Musaffa's business and financial screening criteria.
UMT United Mobility Technology AG is a fintech company, which engages in the development and implementation of customized mobile payment and blockchain solutions. The company is headquartered in Muenchen, Bayern and currently employs 1 full-time employees. The company went IPO on 2011-08-26. The firm specializes in the mobile application software.
UMT United Mobility Technology AG UMDK.DE
€1.86 €0.00 (0.22%) 1D
Last Updated: Oct 03, 12:00 AM·XETRA
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UMDK.DE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, UMT United Mobility Technology AG is classified as not halal.
NOT HALAL
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FAQ's for UMT United Mobility Technology AG (UMDK.DE)
As of October 2026, UMT United Mobility Technology AG UMDK.DE is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes UMT United Mobility Technology AG using these criteria to determine its compliance status.
Muslim investors may consider investing in UMT United Mobility Technology AG if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of UMT United Mobility Technology AG by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of UMT United Mobility Technology AG may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of UMT United Mobility Technology AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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