Binance recently introduced Sharia Earn, a new staking product designed to align with Islamic finance principles
🌙 What is Sharia Earn?
Purpose-built for halal investing: Unlike standard Binance Earn services, Sharia Earn is structured to avoid riba, gharar, and investments in non-Shariah-compliant assets .
Certified by Amanie Advisors: This esteemed Sharia advisory firm ensures the product follows Islamic guidelines .
Wakala agreement model: Funds are managed under a transparent Islamic contract, ensuring proper, permissible use .
💼 Supported Cryptocurrencies & Mechanics
Crypto Mechanism Payout Method
BNB Native staking Daily on Spot Wallet
ETH, SOL Liquid staking (e.g., BETH, BSOL) Redeemable tokens representing stake+rewards
Flexible durations: Staking terms offered for 15, 60, 90, or 120 days .
Transparent & real yields: Rewards come from staking activity rather than interest—aligned with profit-sharing models .
🌍 Availability
Sharia Earn is live in 29 countries, including Pakistan among others like UAE, Saudi Arabia, Bahrain, Bangladesh, Turkey, Egypt, Morocco, Indonesia, and more .
✅ Why It’s Different from Traditional Binance Earn
Excludes interest-based products: Unlike Flexible or Locked Savings, DeFi lending, or margin trading—which are generally regarded as haram—Sharia Earn avoids these. Islamic Finance Guru confirms that, while generic savings is haram, staking may be permissible depending on structure .
Product certification matters: This is Binance’s only officially Sharia-certified earn tool so far .
🕌 Islamic Scholarly Insights
Staking via PoS is generally seen as halal, provided it's real network validation and not merely lending.standard Binance Earn (flexible or locked savings) has been criticized by Sharia-conscious users, as funds are sometimes lent to margin traders—considered haram .
1. Sharia Earn is halal to use—it’s a staking-only product certified by a recognized Sharia advisory.
2. Supported cryptos: BNB, ETH, SOL (with liquid staking tokens).
