CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
crypto.news 2025-04-10 13:20:27

Shariah-compliant crypto struggles to meet demand in Islamic Finance boom: report

As Islamic finance nears $12.5 billion, Shariah-compliant crypto projects aim to serve two billion Muslims — yet supply lags behind growing demand. A new report by INPUT touches on the growing demand for Shariah-compliant crypto products, even as the market struggles to meet the expectations of the world’s two billion Muslims seeking ethical, interest-free financial services. The Islamic finance sector, currently valued at $8 billion, is projected to reach $12.45 billion by 2028, growing at a rate of 11.7% annually, according to the report and a note shared with crypto.news. This rising interest is creating momentum for platforms that align with Islamic financial principles, including the prohibition of riba (interest), gharar (uncertainty), and associations with haram (forbidden) industries. You might also like: Massive Bitcoin inflows to Binance ahead of CPI report — is BTC price crash incoming? Digital assets that adhere to Islamic law Leading projects include HAQQ Network , MRHB, Sidra Chain, and Goldsand (formerly Inshallah Finance), all of which are building ecosystems around DeFi and digital assets that comply with Islamic law. HAQQ Network stands out as the largest, with $400 million in funding and over 6 million users across its product suite, including Islamic Coin, which allocates 10% of token issuance to charity. MRHB’s four-product DeFi stack includes TijarX and EmplifAI, while Goldsand supports halal staking with $4.5 million in staked assets. New INPUT report: "In 2025, Shariah-Compliant Crypto Products Fall Short of Demand" 2 bln Muslims seek financial services aligned with their values, yet compliant offerings are scarce. – Islamic finance → $12.45B by 2028 (11.7% CAGR) – 85% of Gen Z Muslims want Islamic banking… pic.twitter.com/N9OYBabfqG — INPUT Communications Agency (@Input_comms) April 10, 2025 Sidra Chain, meanwhile, has processed nearly 13 million transactions from over 700,000 users. Despite this progress, the report notes a shortfall in offerings compared to demand — particularly among Gen Z Muslims, 85% of whom are already engaging with Islamic banking products. Experts say the path forward lies in regulatory clarity and standardized Shariah governance. With Islamic finance projected to reach $4 trillion globally, Shariah-compliant crypto may become a vital pillar of the emerging digital economy — if it can scale to meet growing demand. You might also like: MoonPay launches Labs accelerator to back early-stage Web3 startups

https://www.digistore24.com/redir/325658/ceobig/
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta