Good News For Muslims ☪️☪️☪️
If you Want to Know the News
Read this Article 👇
Binance has launched Sharia Earn, its first Sharia-compliant crypto product, marking a major step into Islamic finance. Certified by Amani Advisors, a global Sharia advisory firm, the product follows Islamic principles by avoiding interest (riba), excessive risk (gharar), and non-compliant investments.
Sharia Earn allows users to earn passive income through Islam-approved staking of major cryptocurrencies like BNB, ETH, and SOL. It operates under a Wakala agreement, commonly used in Islamic finance, to ensure all funds are deployed in Sharia-compliant ways.
Initially launched in 29 countries, including the UAE, Saudi Arabia, Pakistan, Indonesia, and others across the Middle East, North Africa, and South Asia, the product aims to bridge the gap for Muslim investors who’ve been hesitant to join crypto due to religious concerns.
By combining blockchain transparency with Islamic ethical investing, Binance hopes to offer a values-based alternative and attract a large base of faith-conscious investors, especially in Muslim-majority markets. The launch also supports the UAE’s ambition to become a global hub for Islamic fintech and digital assets.
Binance has not confirmed when Sharia Earn will expand beyond the initial rollout countries.
