Binance Expands Shariah-Compliant Staking to 1.8B Muslim Market Fuels BNB’s 14.7% Trading Volume Surge

Binance has announced the global expansion of its Shariah Earn staking platform, a strategic move aimed at deepening its penetration into the Muslim community and furthering the adoption of digital assets. The platform, which offers Shariah-compliant staking for BNB, Ethereum (ETH), and Solana (SOL), was initially launched in select markets such as the UAE and Saudi Arabia on July 10, 2025, coinciding with Binance’s 8th anniversary. Now, the exchange plans to extend access to a broader global audience, targeting the Ummah, a demographic representing over 1.8 billion people. This initiative aligns with Binance’s ongoing efforts to simplify financial services while adhering to regulatory frameworks in culturally sensitive regions [1].

The expansion is expected to amplify Binance’s user base, which already exceeds 282 million registered accounts globally. By addressing cultural and religious barriers to traditional financial services, the platform aims to attract new users who previously may have been hesitant to engage with cryptocurrency. This user-centric approach has been a cornerstone of Binance’s growth, enabling it to maintain its position as the largest crypto exchange by trading volume. Recent data from CoinGecko shows Binance recorded $37 billion in 24-hour trading volume—a 14.7% share of the $251 billion global market—highlighting its competitive edge amid rising competition from traditional finance-backed rivals [1].

The move coincides with a broader bull market in cryptocurrency, driven by renewed institutional interest and evolving regulatory clarity in key jurisdictions. BNB’s price recently surged to an all-time high of over $800 before retracing to approximately $766. Technical indicators suggest further upside potential: the daily MACD and signal lines have crossed above the zero threshold, supported by bullish histograms, while the RSI has broken above the 70 level—a sign of strong upward momentum since early 2025 [1]. Analysts attribute this optimism to a convergence of macroeconomic tailwinds and Binance’s strategic product innovations, including the Shariah Earn platform.

By integrating Shariah-compliant staking with major tokens like BNB, Binance is enhancing the utility and demand for its native asset. This could drive long-term value appreciation, particularly as the platform’s expansion taps into an underserved demographic. The initiative also underscores Binance’s agility in navigating geopolitical and cultural dynamics. By aligning with Islamic finance principles, the exchange is fostering trust in regions where conventional crypto offerings face skepticism, a strategy that mirrors broader industry trends toward niche market localization [1].

While the $1,000 price target for BNB remains speculative, the combination of product innovation, regulatory progress, and macroeconomic trends creates a compelling case for further gains. The Shariah Earn platform’s focus on accessibility and compliance reinforces Binance’s leadership in the crypto space, positioning it to outpace competitors as the market matures.

Source: [1] [Binance's “Shariah Earn” Expansion Adds a New Bull Case for BNB] (https://coinedition.com/binance-shariah-earn-expansion-fuels-bull-case-bnb-price/)