Binance targets $4 trillion Islamic finance market with Shariah-compliant crypto staking

17/07/2025

As the Middle East rapidly embraces digital transformation, the intersection of fintech and faith-based finance is gaining importance. While the region’s interest in blockchain and digital assets continues to grow, many Muslim investors remain cautious, seeking options that align with Islamic financial principles. In response, Binance has launched Sharia Earn, a crypto product certified as Shariah-compliant by the globally recognized Amanie Advisors.

Tapping into the $4 trillion Islamic finance market, Sharia Earn is the first multi-token staking service designed to meet the values and requirements of halal investing. Launching with support for BNB, ETH, and SOL, the platform allows users to earn passive income in crypto while adhering to Islamic finance guidelines.

“Our mission has always been to create an inclusive and transparent trading environment. With this product, we’re empowering the Muslim community and Sharia-focused investors to participate in one of the most exciting financial revolutions of our time,” said Richard Teng, CEO of Binance. “This is more than a product – it’s a movement toward a more principled and equitable digital economy that promotes financial freedom for all.”

Built on Binance Earn’s existing staking infrastructure, Sharia Earn has been reviewed by Shariah scholars and structured through a purpose-fit Wakala agreement to ensure full compliance. It reflects key principles such as risk-sharing, the prohibition of interest (riba), and the avoidance of excessive uncertainty (gharar).

Initially available in over 30 countries, including the UAE, Saudi Arabia, Indonesia, and Pakistan, Sharia Earn reflects Binance’s effort to offer crypto products that align with technological developments and cultural values, providing a tailored option for halal investing in the Islamic world.

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