1. Understand the Basics
- Halal Crypto: Not all crypto earnings are Halal. Earning through interest (riba) or gambling-like speculation (gharar) is forbidden.
- Binance’s Solution: Binance offers specific Islamic Savings products certified by Sharia scholars for certain coins.
2. Find the Halal Section
- Log in to Binance.
- Go to Finance → Earn → Look for Islamic Savings (or similar labels).
3. Check Certified Products
- Halal-Certified Coins (as of 2025):
- BTC (Bitcoin)
- ETH (Ethereum)
- BNB (Binance Coin)
- ADA (Cardano)
- XRP (Ripple)
- DOT (Polkadot)
- SOL (Solana)
- Note: Always verify the list in your Binance app, as it may change.
4. How It Works
- No Interest: Instead of fixed interest, you earn through profit-sharing or leasing models.
- Flexible Savings: Deposit/withdraw anytime. Earnings are calculated hourly.
- Locked Savings: Higher returns for locking funds 1-30 days.
5. Avoid Non-Halal Options
- ❌ Staking: Avoid Staking products often involve interest-like rewards.
- ❌ Lending: Don’t lend crypto for interest.
- ❌ Leveraged Trading: High-risk speculation isn’t Halal.
6. Verify Certificates
- Binance’s Halal certification comes from Dubai’s Sharia Review Bureau and Bahrain’s Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI).
- Check the official certificates in Binance’s Islamic Savings section or [Binance Support](https://www.binance.com/en/support/faq).
7. Start Small
- Deposit a small amount into an Islamic Savings product (e.g., BTC Islamic Savings).
- Track your earnings daily—they’re added hourly.
8. Learn More
- Free Resources:
- Binance Academy: Search "Islamic Finance" or "Halal Crypto".
- Watch YouTube tutorials: "Binance Islamic Savings Tutorial".
- **Fatwa References**: Read rulings from AAOIFI or scholars like Mufti Faraz Adam.
9. Important Notes
- ⚠️ Not All Coins Are Halal: Only specific coins in "Islamic Savings" are certified.
- ⚠️ Certification Limits: The certification covers *only* the listed savings products, not other Binance services.
- ⚠️ Do Your Research: When in doubt, consult a trusted Islamic finance advisor.
Example Workflow:
1. Log in → Finance→ Earn → Islamic Savings.
2. Pick a coin (e.g., BTC).
3. Click Subscribe → Choose **Flexible Savings**.
4. Deposit BTC → Start earning Halal rewards.
Always double-check current certifications and product details on Binance, as updates occur. When unsure, seek advice from Islamic scholars familiar with crypto.$BNB