What is Sharia Earn?
Sharia‑Earn is Binance’s first-ever Islamic finance–compliant staking product, available on $BNB ,$ETH , and $SOL #TrendTradingStrategy .
Its launch on July 10, 2025, marks a strategic move into the $4 trillion Islamic finance market .
Key Features
1. Shariah Certification
Officially certified by Amanie Advisors, a globally respected Sharia supervisory firm .
Certificate issued July 1, 2025, signed by Dr. Mohd Daud Bakar .
2. Halal Staking Model
Employs a Wakāla contract—a recognized Islamic financial structure where Binance manages assets on behalf of users .
Completely avoids riba (interest), gharar (excessive uncertainty), and investments in non‑halal sectors like alcohol, gambling, or pork .
3. Tokens & Mechanics
BNB: Users lock BNB in “Simple Earn” and earn daily, variable halal rewards. Early withdrawal penalties apply .
ETH & SOL: Via liquid staking, users receive wrapped tokens (WBETH, BNSOL) whose value increases over time—redeemable anytime .
4. Ongoing Compliance Monitoring
Every underlying protocol is screened quarterly by Sharia scholars to ensure continuous compliance .
5. Geographic Availability
Currently live in ~29–30 majority-Muslim countries, including Pakistan, UAE, Saudi Arabia, Egypt, Indonesia, and more .
Why It Matters
Addresses demand: Many Muslim investors hesitated to enter crypto due to religious concerns; this fills that gap .
Strategic opportunity: Targets a huge underserved market—it’s not just ethical, but also smart business .
According to Richard Teng (Binance CEO), Sharia Earn is more than a product—“a movement toward a more principled and equitable digital economy” .
Launch Promotions
Binance is running multiple launch promotions until August 11, including:
Up to $100,000 in USDT rewards across point‑earning subscriptions, leaderboards, “Red Packet” giveaways, referrals, and more
