Binance has announced the launch of the Shariah Earn service, which is the first multi-token product for investment cryptocurrency deposits that has received a certificate of compliance with Islamic Shariah.
This product was developed in partnership with Amanie Advisors and aims to meet the needs of Muslim investors seeking ethical investment solutions that avoid usury and excessive uncertainty.
The Shariah Earn service currently supports investment deposits for the following currencies: (BNB, ETH, SOL), and I hope to see more currencies added soon.
This service is currently only available in 30 Islamic countries, including the UAE, Saudi Arabia, Egypt, and Pakistan.
This initial product represents an important step in promoting the principles of Islamic finance in the rapidly evolving world of digital currencies!