What Is Binance Sharia Earn?

• Sharia Earn is a halal staking solution recently launched by Binance. It is the first multi-token staking service certified for Sharia compliance, designed for users following Islamic finance principles

• Certification came from Amanie Advisors, led by Dr. Mohd Daud Bakar, confirming that Sharia Earn complies with prohibitions on riba (interest), gharar (excessive uncertainty), and exposure to haram industries like alcohol, gambling, or adult content

✅ How It Works

• The service uses a Wakala (agency) structure: Binance acts as a custodian (wakeel), managing assets on behalf of users to generate halal staking returns .

• Currently supports staking for three tokens:

• Binance Coin (BNB) — Earn daily rewards via locked product; rewards paid into Spot wallet 

• Ethereum (ETH) and Solana (SOL) — Using liquid staking: receive WBETH and BNSOL, which automatically increase in value to reflect accrual of halal staking yields 

• Users retain transparency and control: BNB staking can be withdrawn early (forfeiting rewards), while ETH and SOL tokens can be redeemed anytime for the underlying assets plus accrued value .

🌍 Scope & Availability

• At launch, Sharia Earn is available in approximately 30 regions worldwide. Further expansions may follow depending on regulatory and compliance frameworks .

• Requires Binance App version 3.0.0 (or above), or direct access via the Binance website #muslim #Sharia #crypto #BTC #Write2Earn