Binance unveils bold sharia-compliant multi-token staking targeting $4t Islamic market

Sharia-compliant multi-token staking has officially entered the crypto mainstream as Binance launches Sharia Earn, a first-of-its-kind halal staking platform certified by leading Islamic finance authority Amanie Advisors.

This marks a pivotal moment for both crypto and Islamic finance—two sectors long seen as incompatible.

Sharia-compliant multi-token staking, developed in line with Islamic principles, allows users to earn passive income without violating Sharia laws that prohibit interest (riba), excessive uncertainty (gharar), and investments in non-halal sectors.

“Sharia Earn is where two financial systems meet – Islamic finance and blockchain technology,” said Binance in its launch announcement.

Bridging the gap between faith and finance

Binance’s Sharia-compliant multi-token staking platform is designed to bring financial inclusion to over 1.9 billion Muslims worldwide.

With the global Islamic finance market valued at over $4 trillion, Binance sees a significant opportunity in providing access to halal digital financial products.

“This is our first formal step into Islamic finance,” Binance stated, noting that the staking platform is fully compliant with Islamic ethical investing standards.

The platform was audited and certified by Amanie Advisors, a globally respected Sharia advisory firm.

The platform launches with support for BNB, Ethereum (ETH), and Solana (SOL)—three of the world’s leading crypto assets.

According to Binance, Sharia-compliant multi-token staking offers users daily halal yield with no exposure to riba or haram industries such as gambling, alcohol, or adult entertainment.

Dr. Mohd Daud Bakar, Chairman of Amanie Advisors, said in a statement:

“This collaboration ensures that Muslim investors can now participate in digital asset growth while upholding their religious values.”

The staking mechanism uses a Wakala agreement, a Sharia-compliant agency structure that enables halal capital delegation and eliminates interest-based returns.

Availability and technology behind the platforms

Initially, Sharia-compliant multi-token staking will be available in 31 countries, including Saudi Arabia, Indonesia, Pakistan, Egypt, and the United Arab Emirates—key Islamic finance hubs. Binance said it plans to expand this offering further, depending on regulatory approval.

The tech stack behind the product leverages Binance’s existing staking protocols, including:

• BNB Simple Earn Locked Products

• ETH Staking with WBETH rewards

• SOL Staking with BNSOL rewards

These mechanisms were reviewed by Islamic scholars to ensure full compliance with Sharia law. Users will receive rewards directly in their Spot Wallets, with yields automatically distributed.

Why this matters for deFi and islamic finances

While DeFi has gained traction globally, many Muslim investors have remained on the sidelines due to ethical and religious uncertainties. Binance’s Sharia-compliant multi-token staking aims to resolve this disconnect.

“Islamic finance challenges traditional finance through halal guidelines like risk sharing, wealth circulation, and the prohibition of interest,” Binance explained.

By launching a product that satisfies these principles, Binance not only opens new doors for millions of investors but also boosts its position in the ethical DeFi space.

The significance of Sharia-compliant multi-token staking cannot be overstated. According to the Islamic Finance Development Report, only a fraction of Islamic investors have participated in crypto due to religious concerns.

“Removing ambiguity is key,” said Nurul Islam, an Islamic finance researcher. “Products like Sharia Earn are pivotal in giving Muslims confidence to explore DeFi.”

Binance is also offering launch promotions with up to $100,000 in USDT rewards, further incentivizing adoption.

Binance’s broders dominance continues

This launch follows Binance’s strong performance in 2025. According to CryptoQuant’s mid-year report, Binance leads in spot volume, futures trading, stablecoin reserves, and on-chain user activity.

By pioneering Sharia-compliant multi-token staking, Binance strengthens its global footprint while advancing ethical finance innovation.

With this landmark launch, Sharia-compliant multi-token staking signals a new era for ethical DeFi. For many Muslim investors, the wait for a halal staking solution is finally over.

And for Binance, it’s a strategic leap toward unlocking untapped markets with culturally tailored solutions.

As faith and finance converge on the blockchain, Binance’s Sharia Earn may well become the blueprint for religiously compliant crypto platforms worldwide.