š Binance Launches Sharia-Compliant Crypto Staking: Sharia Earn š
Binance has introduced Sharia Earn, a crypto staking product that adheres to Islamic finance principles š. CEO Richard Teng announced the launch, calling it a significant milestone for the company and the crypto industry.
What is Sharia Earn? š¤
Sharia Earn allows users to earn rewards by staking cryptocurrencies like BNB and Solana š. The product is designed to follow Sharia law, making it halal for Muslim investors š.
Key Features: š
- Sharia Compliance: Sharia Earn is certified by Amani Advisors, a renowned Sharia advisory firm š.
- Transparency: Binance uses a clear Sharia governance process, with regular reviews and independent audits š.
- Halal Rewards: Rewards come from halal protocols, and Binance uses a strict process to select included tokens š.
Availability and Expansion: š
Sharia Earn is now available in 30 markets, including South Asia, Central Asia, and the Middle East š. Binance plans to expand to more Muslim-majority countries soon š.
Market Opportunity: š
Binance expects Sharia Earn to attract both individual and institutional investors š¤. With over 25 million users in key markets, the company sees a significant business opportunity š.
Conclusion: š
Sharia Earn marks a new chapter in the intersection of crypto and Islamic finance š. Binance aims to make finance more accessible and inclusive, and this launch is a significant step towards achieving that goal š.#BinanceShariaEarn #CryptoUpdates #Marketupdates #CryptoNewss #CryptoMarkets $BTC $SEI $SAGA
