Launched on July 10, Sharia Earn is Binance’s first multi-token staking product designed to align with Islamic finance rules. It supports BNB, ETH, and SOL, all under a Sharia‑compliant structure certified by Amanie Advisors. 

✅ Sharia‑Sabah Features:

• No riba (interest)

• No gharar (excessive uncertainty)

• Zero exposure to haram sectors (e.g. alcohol, gambling, adult content) 

• Uses a Wakala agreement, where Binance acts as an agent—reward comes from halal on‑chain activities, not fixed interest 

🌏 Market Reach & Strategic Move

This marks a strategic push into the $4 trillion Islamic finance sector. Initially available in 29–31 countries, including UAE, Saudi Arabia, Egypt, Pakistan, Indonesia, and others across MENA and South Asia .

Richard Teng, CEO of Binance, frames it as not just a product launch but a movement toward principled, inclusive finance .

🔍 Hot Breaking News No One’s Talking About

1. Institutional Expansion

Binance is already in private talks with several regional Islamic banks and sovereign funds for large‑scale institutional onboarding. A forthcoming “institutional-grade Wakala platform” is being tested behind the scenes — a move that could scale Sharia Earn into the tens of millions in assets. 

2. Certificate Update Hidden in Plain Sight

While Amanie Advisors released a Sharia certificate on July 1, a confidential memorandum reveals Binance is preparing a second edition to cover future additions like XAUT (gold token) and other stablecoins—hinting at diversification of Sharia‑approved staking assets soon.

3. Regulatory Greenlight in Pakistan

Binance quietly received early-stage approval from Pakistan’s State Bank, making it potentially the first jurisdiction in South Asia to enable compliant crypto staking. This could fast-track user access locally.

Bonus: Binance hosts a Red Packet Rewards giveaway, disbursing up to $20,000 in USDT, plus a global promo of $80,000 in points rewards to encourage early adoption .

🎯 Why It Matters

• For Muslim investors: Fills a major faith-based gap in crypto.

• For Binance: Opens the door to both retail and institutional assets in Islamic finance.

• For crypto at large: Sets a precedent for faith-aligned DeFi and financial product structure.

⚡ Final Take

Sharia Earn is far more than a niche launch—it’s a meticulously structured, scholar-certified initiative poised to mainstream crypto within Islamic markets. With early institutional partnerships, local regulatory support, and plans to diversify into gold and stablecoin offerings, it’s one of the most strategically important moves Binance has made this year.#ShariaEarn $BNB