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What is ShariaEarn?
ShariaEarn is a way to earn money or invest that follows Sharia law, which is Islamic religious law.
Sharia law has rules about what kinds of financial activities are allowed and what are not. These rules come from the Quran and teachings of Islam.
Key Principles of ShariaEarn:
No Interest (Riba):
You cannot earn or pay interest. This means no loans or investments that pay fixed interest like traditional banks.
No Gambling (Maisir):
Activities that involve gambling or betting are not allowed.
No Uncertainty or Speculation (Gharar):
Investments should be clear and not involve excessive risk or guesswork.
Ethical Investments Only:
You should not invest in businesses that deal with alcohol, gambling, pork, or anything forbidden in Islam.
How Does ShariaEarn Work?
It uses profit-sharing instead of interest.
For example, you put money into a business or project, and you share the profits based on an agreed percentage.
If the business loses money, you share the loss too.
Why is ShariaEarn Important?
It helps Muslims earn money while following their religious beliefs.
It promotes fairness and sharing risk between parties.
It avoids unfair exploitation and harmful activities.
Simple Example:
Imagine you and a friend start a shop. You put in money, and your friend runs the shop. When the shop makes money, you both share the profits. If the shop loses money, you both share the loss.
That’s how ShariaEarn works — you invest, but both good and bad results are shared fairly.