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Binance Debuts Sharia-Compliant Staking Service for Muslim Crypto Investors
In a move that expands the reach of compliant financial products in digital assets, Binance has launched Sharia Earn, a new staking service designed to meet the principles of Islamic finance. The product, certified by Sharia advisory firm Amanie Advisors, allows users to stake three major cryptocurrencies—BNB, ETH, and SOL—while ensuring all earnings and processes adhere to halal investment standards.
Read more:
- Comprehensive Guide to Shariah-Compliant Finance: Principles, Growth, and Innovations
- Understanding the Difference Between Islamic Finance and Shariah-Compliant Finance
This is the first staking service of its kind from a major global exchange, and it targets a growing demand within the Muslim community for investment options that align with religious values. The initiative also reflects a broader trend toward financial inclusion in the crypto space.
First Halal Staking Offering From a Major Exchange
Sharia Earn provides users with an opportunity to grow their digital assets in a manner consistent with Islamic principles. The service has been certified by Amanie Advisors, a well-known Sharia advisory firm, following a review of the product’s structure, reward mechanism, and asset deployment strategy.
The service currently supports three cryptocurrencies: Binance Coin (BNB), Ethereum (ETH), and Solana (SOL). These tokens can be staked by users through the updated Binance app (version 3.0.0), with returns structured to meet Islamic ethical and financial guidelines.
Read more:
- Islamic Finance and Its Role in Ethical Banking
- Interview with Dilshod Jumaniyazov: Shariah-Compliant Finance Beyond Ethics
Staking typically involves locking up digital assets to support blockchain operations, in exchange for a yield. Under the Sharia Earn framework, those yields must come from permissible sources, and the assets must not be used in non-compliant activities such as lending with interest or exposure to speculative derivatives.
Targeting Demand for Halal Investment Vehicles
Interest in Sharia-compliant investing has grown significantly in recent years. While Islamic banking and sukuk (Islamic bonds) have long been established, the digital asset space has lagged in offering mainstream tools that adhere to faith-based guidelines.
Binance's launch of Sharia Earn addresses a notable gap. According to official documentation, the product will be made available in 30 jurisdictions, with the company aiming to serve the global Muslim population — currently estimated at nearly two billion. The platform does not require users to be Muslim to participate, but the structure and certification process have been tailored for those who seek halal financial options.
The introduction of Sharia Earn coincides with growing calls for transparency and accountability in crypto-based financial products. Amanie Advisors’ involvement brings an added layer of oversight, as the firm is recognized for its expertise in Islamic finance standards across banking and capital markets.
Technical Setup and Oversight
The staking rewards generated through Sharia Earn follow a structure vetted for compliance. Binance has confirmed that funds will be allocated exclusively to ventures and processes that do not conflict with Sharia values. This includes the exclusion of interest-bearing instruments, speculative trading, or business models considered unethical under Islamic law.
Read more:
- Islamic DeFi: The Future of Shariah-Compliant Fintech on Blockchain
- Islamic DeFi: A New Frontier in Ethical Decentralized Finance
The certification applies specifically to the staking mechanism and how rewards are generated. The validation from Amanie Advisors is expected to be updated as the program expands or adds new tokens.
Users must access the updated version of the Binance app to use the service. Once enabled, participants can select from BNB, ETH, or SOL and begin staking with reward parameters displayed transparently in the user interface.
Islamic Finance in the Digital Asset Sector
The Islamic finance industry has been expanding into new sectors, but until now, its presence in crypto has remained limited to smaller projects and niche platforms. Large exchanges have typically not engaged in formal certification processes for Sharia compliance.
Binance’s move suggests an evolution in how major platforms view the needs of diverse user bases. Sharia Earn does not represent a full Islamic finance offering but provides a specific service aligned with religious criteria. It marks a step toward broader participation by users who have previously avoided staking and yield-generating products due to religious concerns.
The launch may also have implications beyond the Muslim community. Some users prefer staking options with clearly defined ethical guidelines, and third-party certification adds a degree of legitimacy that appeals to broader audiences concerned with transparency.
Regulatory Clarity and Market Access
Binance’s rollout of Sharia Earn also occurs at a time when regulatory scrutiny of staking products has increased in multiple jurisdictions. While staking services are legal in many countries, questions around disclosure, risk, and the use of customer funds have prompted closer examination.
By structuring Sharia Earn with clear rules and oversight, Binance appears to be aligning with calls for more structured and auditable investment frameworks. The company has not announced any plans for expanding the certification to other products, but the current launch signals a potential shift in how crypto platforms design services to meet both compliance and community-specific standards.
The integration of Sharia principles into staking may offer a model for future products aimed at audiences with defined ethical or religious requirements.
What’s Next for Halal Crypto Products?
The success of Sharia Earn will depend in part on adoption and user feedback in its initial phase. If uptake is strong, Binance could expand the offering to include additional tokens or introduce new services aligned with Islamic finance.
The launch comes at a time when global investors are exploring alternatives to traditional financial services. For users who have avoided staking due to non-compliance with Islamic law, Sharia Earn offers a certified option that aligns with both their faith and their interest in digital asset growth.
It also opens the door for more fintech innovation in the Islamic finance sector, where blockchain-based products are still at an early stage. The demand for such offerings is present, and this move may prompt other platforms to consider similar services.
