Crypto ExchangesFeaturedGlobal NewsMENA News

Binance Launches Sharia Earn: A Halal Crypto Investing Platform, Celebrates 8 Years of Global Growth

Binance, the world’s largest cryptocurrency exchange by trading volume and user base, is strengthening its mission to make crypto accessible for everyone with the launch of Sharia Earn—its first dedicated product for Islamic finance. This innovative staking service has been officially certified by Amanie Advisors, a globally recognized Sharia advisory firm, making it the first multi-token staking platform that complies with Islamic finance principles.

Sharia Earn: A New Era for Halal Crypto Investing

Sharia Earn is designed to open doors for halal investing in the global crypto space, addressing a major gap in the $4 trillion Islamic finance market. For years, millions of Muslims worldwide have been hesitant to join the decentralized finance (DeFi) movement because of uncertainty about religious compliance.

By offering a transparent, values-driven way to earn passive income in crypto, Binance aims to make DeFi accessible to the Muslim community. At launch, Sharia Earn will support staking for BNB, ETH, and SOL—three of the world’s leading cryptocurrencies. Each staking option has been reviewed by Sharia scholars and structured around a purpose-fit Wakala agreement to ensure full compliance with faith-based guidelines.

Certified by Amanie Advisors, the platform guarantees that all deployed funds are invested in halal (permissible) ventures under Islamic law. Principles such as risk-sharing, wealth circulation, and the prohibition of interest (riba) and excessive uncertainty (gharar) are central to its design.

Richard Teng, CEO of Binance, said:

“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. This is more than a product – it’s a movement toward a more principled and equitable digital economy that promotes financial freedom for all.”

Available in Select Markets

Sharia Earn will initially be rolled out in countries with significant Muslim populations, including Afghanistan, Algeria, Egypt, Indonesia, Jordan, Pakistan, Saudi Arabia, UAE, and many more across the Middle East, North Africa, South Asia, and Central Asia.

Built on Proven Binance Technology

This Sharia-compliant platform is powered by the existing tech behind Binance Earn’s BNB Locked Products, ETH Staking, and SOL Staking. The staking mechanics have been carefully reviewed by Sharia scholars to ensure they meet Islamic requirements, while also delivering a seamless user experience.

A Milestone in Binance’s Broader Growth Story

The launch of Sharia Earn comes as Binance celebrates eight years of remarkable growth, underlining its commitment to financial inclusion and innovation.

From its beginnings as a crypto-to-crypto exchange in 2017, Binance has evolved into a global ecosystem serving over 280 million users across more than 100 countries. Today, nearly one in every 28 people on Earth has an account on Binance, with around one million new users joining every week.

Over these eight years, Binance users have traded an astounding $125 trillion worth of digital assets, with the platform processing approximately 217 million spot and futures trades every day. As of June 2025, Binance controls more than 41% of the global crypto spot trading market share, making it the go-to venue for both retail and institutional investors.

Beyond trading, Binance has become a cornerstone of crypto-powered finance:

  • $50 billion delivered to users through Binance Earn.
  • $230 billion processed via Binance Pay across 300 million transactions.
  • $1.75 billion in remittance fees saved for users between 2022 and 2024.
  • 64 million people educated through Binance Academy.

Security and compliance have also remained central. Since December 2022, Binance’s risk controls have prevented $10 billion in fraud losses, with over $215 million in stolen funds recovered or frozen. The company has responded to 241,000 law enforcement requests and conducted 400+ training sessions to help agencies use blockchain to fight crime.

Empowering the Next Generation of Crypto Adopters

As the digital-asset industry matures, Binance is committed to expanding access, fostering innovation, and empowering new users. Whether through products like Sharia Earn, robust trading platforms, or educational initiatives, Binance continues to build the foundation for a more inclusive, equitable, and secure financial system.

For Binance, eight is more than just a number—it symbolizes an enduring commitment to growth, innovation, and making financial freedom accessible to all.

News Desk

UNLOCK Blockchain News Desk is fueled by a passionate team of young individuals deeply immersed in the world of Blockchain and Crypto. Our mission? To keep you, our loyal reader, on the cutting edge of industry news. Drop us a line at info(@)unlock-bc.com to connect with our team and stay ahead of the curve!

Related Articles

Back to top button