Binance has launched Sharia Earn, the world’s first Sharia-compliant multi-token staking product, designed to align with Islamic finance principles. Certified by Amanie Advisors, a globally recognized Sharia advisory firm, Sharia Earn allows Muslim users to earn passive income through staking cryptocurrencies like BNB, ETH, and SOL while adhering to Islamic laws prohibiting riba (interest) and gharar (excessive uncertainty). Built on Binance Earn’s infrastructure, it uses a Wakala-based model to ensure funds are invested in halal ventures. The service is available in over 30 countries, including the UAE, Saudi Arabia, Pakistan, and Indonesia, targeting the $4 trillion Islamic finance market. Binance aims to bridge Islamic finance and blockchain, promoting financial inclusion for Muslim investors
