đ What Is Binance ShariaâŻEarn?
ShariaâŻEarn is a brand-new staking product from Binance, structured from the ground up to comply with Islamic finance principles. It's distinct from standard âEarnâ features, focusing on ethical investing, transparency, and halal yield generation .
Certification comes from Amanie Advisors, a well-known Sharia advisory firm, making sure it avoids riba (interest), gharar (excessive uncertainty), and haram investments .
---
How It Works
1. Asset coverage
Supports BNB, ETH, and SOL:
BNB staking: Earn daily rewards in your Spot Wallet using locked staking periods (15,âŻ60,âŻ90,âŻorâŻ120 days).
ETH & SOL staking: Offers liquid staking â you receive tokenized forms (WBETH, BNSOL) that accrue in value, redeemable for the underlying asset plus halal yield later .
2. Sharia structure
Uses a Wakala model: Binance acts as an agent to invest your assets under strict, halal guidelinesâno guaranteed interest, only profit from halal sources .
3. Global availability
Open to residents of 30+ countries, including Pakistan, UAE, Saudi Arabia, Indonesia, Egypt, Turkey, etc. .
---
Why It Matters
The global Islamic finance market is valued at over $4âŻtrillion, yet has limited access to digital asset solutions that align with Sharia .
With ShariaâŻEarn, Muslim investors can now participate in crypto staking without religious uncertainty, potentially setting a standard for ethical DeFi globally .
---
Important Considerations
Innovation vs. Risk: While innovative and certified, not all scholars agree on cryptoâs compatibility with Sharia, citing volatility and speculative concerns .
Exclusions: This product does not include interest-based services such as flexible savings, lending, or futuresâthose remain haram under Sharia rules .
Future expansion: Binance plans to add more tokens post additional Sharia review, and may partner with Islamic institutions to explore institutional adoption .
---
â Should You Use It?
Halal potential: With Amanie certification and no guaranteed interest, this aligns with halal principlesâespecially for BNB locked staking and liquid staking of ETH/SOL.
Due diligence: Always verify details in the app (e.g., staking terms), consult your local scholars if needed, and check whether Binance remains fully transparent .
Manage your risk: Crypto is inherently volatile and at times considered speculative (maisir). Balance your portfolio and only invest what youâre prepared to risk.
---
TL;DR
What: ShariaâŻEarn = halal-certified crypto staking for selected assets.
Who: Available in 30+ countries, launched July 2025.
Why: Fills a $4T+ Islamic finance gap with certified ethical crypto investing.
How: BNB locked staking + ETH/SOL liquid staking using Wakala.
Caution: Volatility remains; scholars differ, so check app terms & consult a trusted source.