Luno Extends Shariah Compliance To Entire Staking Suite, Large Cap Bundle
Luno Malaysia, the digital asset exchange or crypto exchange, announced that its entire staking suite and self-named Luno Large Cap Bundle are now shariah compliant. The move makes it the first digital exchange to do so, offering a full range of Shariah-certified passive growth for local investors. The certification comes after a comprehensive review by […] The post Luno Extends Shariah…
Luno Malaysia has announced that its entire staking suite and the Luno Large Cap Bundle are now shariah compliant, making it the first digital exchange to offer a full range of Shariah-certified passive growth for local investors. The certification, conducted by Sharlife, a Shariah advisory firm registered with the Securities Commission Malaysia, covers a broad range of cryptocurrencies including Avalanche (AVAX), Cosmos (ATOM), NEAR Protocol (NEAR), Polkadot (DOT), Solana (SOL), Cardano (ADA), and Ethereum (ETH).
The Luno Large Cap Bundle, which tracks an index, has also received Shariah compliance, indicating an annual reward. Luno's Country Manager, Scarlett Chai, highlighted the significance of this achievement, noting that Malaysia is pioneering the integration of digital assets within the framework of Islamic finance.
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