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Binance’s "Shariah Earn" Expansion Adds New Opportunities for BNB Growth
Binance has announced plans to expand access to its Shariah Earn staking platform to users around the world. Currently, Binance has more than 282 million registered users and aims to attract even more through its Shariah Earn product.
The price of BNB recently reached a new all-time high, surpassing $800, and is expected to aim for $1,000 next year.
Binance, the world’s largest cryptocurrency exchange, announced plans to expand access to its newly launched Shariah Earn staking platform. Currently available in select countries like the UAE and Saudi Arabia, the platform will now be extended to serve the broader global Muslim community, often referred to as the Ummah.
The Shariah Earn platform was launched on July 10, 2025, in celebration of Binance’s 8th anniversary. It has simplified the Halal Rewards system using BNB, Ethereum (ETH), and Solana (SOL).
How Binance Benefits From Shariah Earn
The Shariah Earn platform plays a key role in Binance’s push for wider adoption of digital assets and the simplification of financial services. Moreover, in recent years Binance has maintained a user-focused approach by adhering to regulatory requirements.
According to Binance’s official website, the exchange has over 282 million registered users worldwide. Expanding Shariah Earn to global markets will help attract more users, thereby facilitating broader distribution of digital assets and cryptocurrencies.
The Shariah Earn platform will also help Binance remain competitive amid the rise of new crypto exchanges backed by traditional financial institutions. According to aggregated market data from CoinGecko, which currently tracks 211 crypto exchanges, Binance recorded a 24-hour trading volume of $37 billion, out of a total of $251 billion.
How BNB’s Price Could Benefit Amid a Crypto Bull Market
The cryptocurrency industry overall is signaling the start of a macroeconomic bull market, driven by renewed institutional interest and a clearer regulatory framework in key jurisdictions led by the United States.
Earlier on Wednesday, BNB’s price surged to a new all-time high of around $808, before pulling back to $766 on Thursday during the London trading session.
See also: "Crypto Exchange FTX to Return $1.9 Billion to Clients in September"
