In a landmark move for Islamic finance and digital assets, Binance introduces Sharia Earn—its first fully certified halal staking product—across 30 global markets, aiming to empower Muslim investors and drive regional adoption.
Dubai: Pioneering the Intersection of Crypto and Islamic Finance
In a defining move set to reshape the digital asset landscape, Binance has officially launched Sharia Earn, its first fully Sharia-compliant crypto staking product. Designed to cater to Muslim users seeking halal investment solutions, the product marks Binance’s entry into Islamic finance and underscores its commitment to inclusive innovation.
Announced during the Binance Square Webinar, CEO Richard Teng described Sharia Earn as the platform’s “most meaningful product yet.”
“A truly inclusive financial system must respect the values and needs of every community, and that’s the vision behind Sharia Earn,” Teng stated. “Islamic finance’s core tenets—transparency and shared prosperity—are universal, and they are the same values that drive everything we build at Binance.”
Halal Investing, Digitally Delivered
Sharia Earn allows users to earn rewards by staking selected crypto assets—including BNB and Solana—in compliance with Islamic finance principles. The product is now live in 30 markets, including South Asia, Central Asia, the CIS, Indonesia, and Turkey, with plans to expand further into Muslim-majority nations.
The program has been certified by Amani Advisors, a globally recognized Sharia advisory firm. Each supported token undergoes rigorous review and continuous screening to maintain alignment with Islamic law. Binance has also implemented a Sharia governance framework with quarterly audits and ongoing oversight.
Meeting a Growing Demand Across the Muslim World
The launch responds to increasing calls from Muslim communities for halal financial solutions. Bader Al Kalooti, Binance’s regional head for MENA, emphasized the consistent demand witnessed at community events across the region.
“Crypto adoption has increased drastically across many Muslim-majority markets, but until now, certain yield-generating products have remained out of reach,” he said. “We built Sharia Earn to change that.”
The product not only caters to retail investors but is expected to attract attention from Islamic financial institutions and institutional players keen to explore halal crypto assets.
How Sharia Earn Works
From a technical perspective, Sharia Earn supports BNB and ETH-based tokens, with rewards built on halal-certified protocols:
- BNB staking rewards are distributed daily at variable rates, typically paid in BNB.
- ETH and Solana users receive wrapped tokens—WBETH and BSOL—which appreciate in value as rewards accrue.
All reward-generating activities strictly adhere to halal practices, ensuring full compliance for observant Muslim investors.
The Business Opportunity
With over 25 million users in key regions and fewer than 3% currently engaged in crypto earn products, Binance sees enormous untapped potential.
“From a business perspective, there’s significant opportunity here,” said Al Kalooti. “This is about opening doors—for individuals and institutions alike.”
Sharia Earn also reinforces Binance’s broader financial inclusion strategy, positioning the crypto exchange at the forefront of ethical fintech innovation.
Looking Ahead
As Islamic finance gains momentum within the global fintech space, Binance’s Sharia Earn stands out as a trailblazing product—one that bridges traditional financial ethics with digital asset innovation.
“This launch marks a new chapter—one where crypto meets Islamic finance, not as an exception, but as a natural evolution,” Teng affirmed.
The Sharia Earn product is now live on Binance, with broader rollout and additional halal-certified tokens expected in the coming months—solidifying the exchange’s leadership in ethical, inclusive crypto innovation.
