cyrpto boom, crypto, demand, Finance, Islamic, meet, report, Shariahcompliant, struggles Mark April 10, 2025 0 Comments

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

While Islamic finance approaches $ 12.5 billion, cryptographic projects in accordance with Sharia law aim to serve two billion Muslims – but the supply is lagging behind compared to growing demand.

A new report by contribution affects the growing demand for Sharia law Cryptographic products, even if the market is struggling to meet the expectations of the two billion Muslims in the world in search of ethical and uninteresting financial services.

The Islamic financial sector, currently estimated at $ 8 billion, is expected to reach $ 12.45 billion by 2028, increasing at a rate of 11.7% per year, according to the report and a shared note with Crypto.News.

This growing interest is Make a momentum For platforms that align with Islamic financial principles, including the prohibition of Riba (interest), Gharar (uncertainty) and associations with the Haram (Forbidden) industries.

Digital assets that adhere to Islamic law

Leading projects include Haqq networkMRHB, Sidra Chain and Goldsand (formerly Inshallah Finance), which all build ecosystems around DEFI and digital assets in accordance with Islamic law. The HAQQ network is distinguished as the largest, with $ 400 million in funding and more than 6 million users in its product suite, including Islamic Coin, which allocates 10% of the emotables to charities.

The DEFI battery with four MRHB products includes Tijarx and Emplifai, while Goldsand supports the halal milestone with $ 4.5 million in marked active ingredients.

New contributions report: “In 2025, cryptographic products in accordance with sharia are not on demand”
2 BLN Muslims are looking for financial services aligned with their values, but compliant offers are rare.

– Islamic finance → 12.45 billion dollars by 2028 (11.7% CAGR)
– 85% of Muslims of the Z generation want an Islamic bank … pic.twitter.com/n9oybabf

– Entrance communication agency (@input_comms) April 10, 2025

Sidra Chain, on the other hand, treated nearly 13 million transactions of more than 700,000 users.

Despite this progress, the report notes a deficit in offers compared to demand – especially among Muslims of the Z generation, 85% of which are already engaging with Islamic banking products.

Experts say that the path to follow lies in the regulatory clarity and standardized governance of Sharia law. With Islamic finance which should reach 4 dollars of dollars worldwide, crypto compliant with sharia can become a vital pillar of the emerging digital economy – if it can evolve to meet growing demand.