This character is a Other Letter and is mainly used in the Arabic script. The character is also known as arabic letter hamzah on ha (1.0).
The glyph is a canonical composition of the glyphs Glyph for U+06D5Arabic Letter Ae, Glyph for U+0654Arabic Hamza Above. It has no designated width in East Asian texts. In bidirectional text it is written as Arabic letter from right to left. When changing direction it is not mirrored. The word that U+06C0 forms with similar adjacent characters prevents a line break inside it. The glyph can be confused with 3 other glyphs.
The Wikipedia has the following information about this codepoint:
ۀ is letter of the Pashto and Persian languages consisting of hāʾ with a hamza above.