Binance Launches Sharia-Compliant Crypto Staking Product for Muslim Investors

Global cryptocurrency exchange Binance has unveiled a landmark product designed to meet the financial needs of Muslim investors. Dubbed Sharia Earn, the offering is the first Sharia-compliant crypto staking solution launched by a major global exchange, aiming to bridge the gap between digital assets and Islamic finance.

The announcement was made by Binance CEO Richard Teng during a recent Binance Square Webinar. Calling it the company’s “most meaningful product yet,” Teng described the launch as a defining step towards financial inclusion. “A truly inclusive financial system must respect the values and needs of every community,” Teng said. “That’s the vision behind Sharia Earn.”

The new platform enables users to earn rewards on selected crypto assets — initially BNB and Solana — in full compliance with Islamic principles. The service has already gone live across 30 markets, including South Asia, Central Asia, the Commonwealth of Independent States (CIS), Indonesia, and Turkey. Plans are in place to expand further into other Muslim-majority regions.

The product has been certified by Amani Advisors, a globally recognised Sharia advisory firm. Each supported token undergoes a rigorous screening process to ensure it aligns with Islamic finance principles. The compliance framework includes ongoing Sharia audits, quarterly reviews, and independent oversight from Amani.

Bader Al Kalooti, who leads Binance’s regional operations in MENA, emphasized the strong demand for halal investment solutions. “There’s a clear demand from the Muslim community. Crypto adoption has surged in many Muslim-majority countries, but yield-generating products have remained largely inaccessible due to compliance concerns,” he said. “Sharia Earn changes that.”

From a technical perspective, users staking BNB will receive daily rewards at variable rates, typically in the form of additional BNB. Staking ETH and Solana will provide users with wrapped tokens — WBETH and BSOL — which appreciate over time as rewards accumulate. Al Kalooti noted that the selection process for tokens was “rigorous” to ensure that all reward mechanisms are fully Sharia-compliant.

Binance sees Sharia Earn as an opportunity not only for retail users but also for institutional investors in Islamic finance markets. “With over 25 million users in key regions, and less than 3 per cent currently using Earn products, there’s a huge untapped market,” Al Kalooti added.

The launch comes as Islamic finance continues to gain traction in global fintech, particularly across the Middle East and Southeast Asia. By becoming the first global exchange to offer a certified halal crypto staking product, Binance is positioning itself at the forefront of a growing segment within the digital finance ecosystem.

Sharia Earn is now available on the Binance platform, with further market rollouts expected in the coming months.