#Write2Earn

Binance has launched "Sharia Earn", a crypto investment product aligned with Islamic finance principles. This service, certified by Amanie Advisors, is a multi-token staking platform designed to be Sharia-compliant. It aims to provide halal investment options for users, particularly those in Muslim-majority countries, by ensuring no interest (riba), gambling, or involvement in prohibited industries.

#Sharia_Earn

Key aspects of Binance Sharia Earn:

Sharia Compliance:

The platform is certified by Amanie Advisors, a recognized Sharia advisory firm, ensuring adherence to Islamic finance principles.

Halal Investment:

Sharia Earn supports staking of cryptocurrencies like BNB, ETH, and SOL, distributing rewards in a manner that is considered permissible under Islamic law.

No Riba, Gharar, or Haram:

The platform avoids riba (interest), gharar (excessive uncertainty), and involvement in industries deemed prohibited under Sharia law.

Passive Income:

Users can earn passive income through staking, with rewards distributed daily or as an increase in value, depending on the token and staking method.

Inclusivity:

The product aims to make crypto investment accessible to Muslim investors who seek faith-based financial products.

Existing Binance Infrastructure:

Sharia Earn utilizes Binance Earn's existing infrastructure for staking and reward distribution.

Wakala-based Approach:

The platform uses a Wakala agreement, where Binance acts as an agent managing

assets without guaranteeing fixed returns.

$BTC

#Write2Earn!

Amanie Advisors is a leading Shariah advisory firm specializing in Islamic finance solutions covering a wide range of services including Shariah advisory and consultancy, training and research & development for institutional and corporate clientele focusing on Islamic financial services.