Bybit Launches World-First Islamic Crypto Account for Muslim Traders

Tuesday, 24 September 2024, 08:56

Crypto enthusiasts, rejoice! Bybit has unveiled the world's first Islamic crypto account, setting a milestone in the cryptocurrency industry. This groundbreaking initiative caters specifically to Muslim investors, providing Shariah-compliant trading products and services, thus merging traditional finance with modern technology. With the Islamic Account, Bybit aims to facilitate secure and ethical engagements in the crypto market.
Finbold
Bybit Launches World-First Islamic Crypto Account for Muslim Traders

Bybit’s Breakthrough in Cryptocurrency

Bybit, one of the leading cryptocurrency exchanges globally, has officially launched the world’s first Islamic Account. This innovative offering is designed to meet the unique needs of Muslim traders by ensuring compliance with Islamic law. By implementing this service, Bybit opens new doors for crypto enthusiasts looking for Shariah-compliant options.

Features of the Islamic Account

The Bybit Islamic Account presents a variety of features that adhere to Islamic finance principles. Users will gain access to:

  • 75 Shariah-compliant tokens
  • Spot trading opportunities
  • Automated trading tools

Bybit collaborated with ZICO Shariah Advisory Services and CryptoHalal to guarantee that all offerings align with Islamic finance standards.

Expanding Opportunities in the Islamic Economy

As the Islamic economy continues its impressive growth, valued at approximately $2.3 trillion, Bybit’s Islamic Account creates significant opportunities for both the platform and its users. This initiative empowers Muslim investors to engage meaningfully and ethically in the cryptocurrency landscape, thereby enhancing their trading experience.

The Future of Crypto Trading for Muslim Investors

Bybit’s Sales & Marketing Director, Joan Han, expressed enthusiasm about this launch, emphasizing the importance of inclusivity in trading. This account symbolizes Bybit's commitment to fostering diversity in crypto trading, paving the way for countless opportunities for Muslim traders seeking ethical solutions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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