Part Three: Prohibited Tools and Services on the Binance Platform According to Sharia Controls:
Binance, as one of the largest cryptocurrency exchanges in the world, offers many financial services. However, there are some tools and services that are not compatible with Islamic law, and in this article I will explain these services to you.
First, lending and interest services (Earn Services):
Binance offers programs such as Flexible Savings and Locked Savings, which allow users to store their cryptocurrencies in exchange for fixed or variable returns.