During Binance’s Sharia Virtual Super Meetup on Binance Square, Amanie Advisors CEO Maya Marissa Malek explained the fundamental criteria for a cryptocurrency token to be considered Sharia-compliant. Malek, whose firm certified Binance’s newly launched Sharia Earn product, said tokens must strictly avoid any association with riba (interest or usury) and must not be tied to industries deemed non-compliant under Islamic law. This includes sectors such as conventional banking, alcohol, gambling, and pork-related businesses. “A token’s structure and underlying protocol must also steer clear of excessive uncertainty (gharar),” she added
source: https://www.binance.com/en/square/post/26755480354474?utm_source=BinanceNewsRSS