🕌 What Is Sharia Earn?
From the last week we are hearing this from different sources, let me explain it to you !
* SHARIA EARN is certified halal staking platform launched by Binance, designed to comply with Islamic finance principles no RIBA (interest), no GHARAR (excessive uncertainty), and no exposure to haram industries
* Offers staking options for BNB Locked Products, and liquid staking wrappers WBETHETHETH (for ETH) and BNSOL(for SOL)
* Certified by Amanie Advisors, ensuring continuous compliance through a Wakala agreement structure
Why It Matters
1. Addresses a $4 trillion underserved market The Islamic finance sector is massive, and until now, crypto lacked genuinely halal earning products
2. Includes major tokens Initial support for BNB, ETH, and SOL ensures familiarity and liquidity for users
3. Promotes financial inclusion and ethical investing This solution appeals not only to Muslim users, but also to anyone seeking transparent, values-driven crypto yields
4. Credible structure with ongoing oversight Quarterly compliance reviews and Sharia audits reinforce trust and maintain alignment with religious guidelines.
Considerations
* Limited asset selection at launch; future expansion will be key.
* Users must trust the Wakala structure and Binance’s proper deployment of funds though blockchain transparency and governance help mitigate this.
* APY is variable needs monitoring to ensure rewards align with expectations.
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