🕌 1. Binance Launches “Shariah Earn” Platform
Binance introduced “Shariah Earn”, a halal investment option for Muslim users.
Includes profit-sharing, non-interest-based crypto rewards, and asset screening based on AAOIFI (Islamic finance standards).
Assets included: Gold-backed stablecoins, utility tokens with ethical use cases, and select staking options (no interest-bearing loans).
Goal: Expand into the $2 trillion Islamic finance sector.
🔗 Read more on Times of India
📈 2. What Makes Crypto “Shariah-Compliant”?
According to Shariah scholars, crypto is permissible (halal) if:
No involvement in haram activities (e.g. gambling, adult, alcohol, interest/usury).
Risk-sharing and transparency are upheld.
The token has real-world value or utility, not just speculation.
🔑 Binance’s compliant assets often include:
Gold-backed tokens (XAUT, PAXG)
Islamic stablecoins (e.g. ISLM, CAIR)
Select DeFi protocols with profit-sharing (not interest)
🌍 3. Growing Demand from Muslim-Majority Nations
Binance sees rising usage in Pakistan, UAE, Malaysia, Indonesia, Nigeria, and Turkey.
Many users request certified halal portfolios and scholar-backed investment tools.
Binance Academy also launched content to educate about Shariah crypto ethics.
📜 4. Islamic Crypto Partnerships (2025)
Binance has started working with:
Shariah Review Bureau (Saudi Arabia)
Islamic Coin (ISLM)
HAQQ Network — a fully halal Layer-1 chain
These moves build trust among Muslim investors and regulators.
📌 Summary Table
FeatureHalal StatusAvailable on BinanceSpot trading of BTC/ETH
✅ Permissible
✅ YesFutures with leverage❌ Not halal
✅ Yes (use with caution)Shariah Earn staking
✅ Halal
✅ Yes (opt-in only)Interest-based DeFi lending❌ Not halal❌ No on “Shariah Earn”Gold-backed stablecoins (PAXG)
✅ Halal
✅ Yes
