Launched #BinanceShariaEarn (July 2025) targeting the $4 trillion Islamic finance market and 1.8 billion Muslim users
A certificate has been issued by the prestigious Islamic consultancy #AmanieAdvisors ensuring religious compliance
Currently supports three main assets: $BNB and $ETH and $SOL
Bridges the significant gap between traditional Islamic finance principles and modern cryptocurrency investment
Compliance infrastructure
Built on the existing infrastructure of the Binance platform: Simple Earn Locked (BNB) and Liquid Staking (ETH/SOL) products
Prohibits usury (interest-based transactions) that are forbidden under Islamic law
Technical implementation maintains the ability to generate returns while ensuring adherence to Sharia
The certification provides the necessary legitimacy for religiously conscious investors
Market opportunities
Potential increase in demand for supported assets (BNB, ETH, SOL) from previously untapped Muslim markets
Gives Binance an early competitive advantage as a leader in Islamic finance for cryptocurrencies
Educational resources including YouTube lessons contribute to lowering entry barriers
This project is an indicator of the growing trend towards launching specialized compliance products that meet cultural needs #Binance #MarketPullback #bitcoin