Binance, one of the world's largest cryptocurrency exchanges, has launched 'Sharia Earn', a crypto investment product aligned with Islamic finance principles. The service is described as the first multi-token staking platform designed specifically for halal investing and has been certified by Amanie Advisors, a recognized Sharia advisory firm.
The product will be available in approximately 30 countries, including Pakistan, Saudi Arabia, UAE, Indonesia, Egypt, Afghanistan, and several others with large Muslim populations. Binance stated that this move is part of its ongoing efforts to promote financial inclusion and ethical investing within the global Muslim community.
CEO Richard Teng said the initiative reflects Binance's mission to build a transparent and inclusive trading ecosystem. By introducing Sharia-compliant options, the platform aims to empower Muslim investors to take part in the growing crypto economy without compromising their values.
