Sharia Earn in Binance is a feature that allows users to earn profits on their crypto holdings through investment products that comply with Islamic (Sharia) law.
🔍 Key Functions of Sharia Earn in Binance:
1. Islamic-Compliant Investments
All earnings and activities are aligned with Islamic finance principles, which prohibit interest (riba), gambling (maysir), and excessive uncertainty (gharar).
2. Profit-Sharing Model
Instead of earning interest, profits are distributed based on halal methods, such as Mudarabah (profit-sharing) or Murabaha (cost-plus financing).
3. Ethical Asset Selection
The assets included in Sharia Earn portfolios are screened to ensure they do not involve forbidden industries (e.g., alcohol, gambling, pork, or conventional banking).
4. Passive Income Generation
Users can earn passive income by holding approved cryptocurrencies in flexible or fixed-term savings, similar to staking — but following halal principles.
5. Sharia Certification
Binance partners with Islamic scholars or certification bodies to ensure that the financial products offered under Sharia Earn are fully compliant.
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✅ Who is it for?
Muslim investors seeking halal income.
Ethical investors who value Sharia-based financial systems.