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Reading: Binance: 3 crypto currency received halal certificate, permissible crypto currencies
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Binance: 3 crypto currency received halal certificate, permissible crypto currencies
Regulations, Law & Policy

Binance: 3 crypto currency received halal certificate, permissible crypto currencies

vitalclick
Last updated: July 10, 2025 2:47 pm
2 days ago
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Contents
Permissible crypto money serviceCrypto coins that are permissibleWhat is Amanie Advisors?

Your crypto coins The discussions that have been going on for years related to the fiqh situation are now the focus of stock exchanges. Binance The stock market today announced its new product with an interesting title. In this announcement, halal Earn services will be provided to those who want to benefit from stinging services. So what are the details of the product? 3 crypto currencies are permissible from whom? What are the crypto coins that are permissible?

Permissible crypto money service

A new product, which the Binance exchange is permissible, was released. The name of this Sharia Earn (Sharia Earn) and will be offered to more than 275 million users.

“Binancehas devoted itself to developing products that serve the various needs of our global community. We are proud to respond to the demand for crypto solutions suitable for beliefs, because we believe that the future of finance should have an inclusive structure. Thanks to Sharia Earn, users can grow their crypos by remaining faithful to Islamic financial principles. ” – Binance

So what makes it different from other Earn services?

While traditional stake products watch standard financial models, Sharia Earn was structured in accordance with the basic principles of Islamic finance. Well this that it is permissible Who decided? Binance includes the following detail;

“The existence of users who have been certified by Amanie Advisors, a global prestigious sharia consulting firm, are fully appropriate to the Islamic financial principles, especially: There is no interest (Riba), there is no excessive uncertainty (Ghar), alcohol, gambling or adult content.

Users also published by Amanie Advisors on 2025-07-01. Mohd Daud Bakar, signed by the Sharia Earn’s commitment to the Sharia principles confirming the Sharia -compatible earnings products can also view the Certificate of Compliance Compliance. ”

The above certificate includes the legal documents and building notes provided to us in relation to the Binance Earn product and we confirm that Binance Earn’s product and documents are in line with the requirements of the Sharia principles ”.

“This declaration has not been prepared only about the Sharia compatibility of Binance Earn product. We do not take any responsibility for any person in relation to the content of this declaration and we cannot be held responsible for any error, deficiency, explanation or heavy neglect on behalf of Binance. – Amanie Advisors

This product is now for now Afghanistan, Algeria, Bangladesh, Bhutan, Egypt, Indonesia, India, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Morocco, Nepal, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, Sri Lanka, Sudan, Tunisia, Turkey, United Arab Emirates It will be available for Turkmenistan, Azerbaijan and Tajikistan.

Crypto coins that are permissible

Sharia Earn scanned 3 crypto money according to the rules of Sharia and gave approval. According to the declaration of the Binance Exchange Bnb, Eth, Solana (left) permissible. Weth, which is also WRAPPED versions for the left and ETH, is also on the list of BNSOL. In addition, while the decision of the product and the subcoins mentioned are permissible, the standards determined by the accounting and supervisory organization of the Islamic Financial Institutions (AAOIFI) are taken into consideration. Binance shared by.

It is not known whether the fiqh view of a consulting firm would be binding for everyone, but Binance made an important start considering the sensitivity.

Although the consultancy board has given approval of compliance (permissible), it has not yet shared a report about the fiqh detail. Especially in Malaysian -based institutions, in Islamic scholars, conditional view of halallik is common for crypto currencies. Presidency of Religious Affairs In a statement dated 2017, crypto currencies are not permissible on the grounds that they have the risk of uncertainty (garar) and deception. At this point, those who give conformity fatwa uncertainty and deception does not cover all crypto currencies, blockchain He decides, saying that traceability and global regulations balance the risks. Türkiye did not update the Diyanet on this issue.

What is Amanie Advisors?

It has been a company that has been providing consultancy services since 2005 in Sharia law. Investment funds focus on issues such as sukuk (Islamic bonds), company consultancy and supervision. Tan Sri, the founder of the company. Mohd Daud looks.

Amanie Advisors is based in Malaysia, but is consulting more than 100 Islamic investment funds in the Middle East, Southeast Asia and Europe.

  • Mohd Daud Bakar: He studied in Scotland, Kuwait and Malaysia. He worked on Islamic financial products in institutions such as Malaysia Central Bank (BNM), Dow Jones Islamic Market Index and Morgan Stanley.
  • Mohamed Ali Ergari: He worked as a citizen of Saud and as a professor of Islamic economy at King Abdul Aziz University. The University of California has a PhD in Economics. Amanie gives advice to Advisors. Islamic Development Bank, Dubai Islamic Bank, Standard & Poor’s also worked on the Sharia boards of institutions.
  • Osama Al Dereai: One of the consultants in the company. He completed his license in the field of hadith at the Islamic University of Medina. He completed his master’s and doctorate at the Islamic University of Malaysia. He is working on Sharia Advisory Boards of Institutions such as Barwa Bank and First Finance Company.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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