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Bybit has made a significant move toward financial inclusivity by launching the world’s first Shariah-compliant Islamic Account. Now, those following Shariah law can engage with the cryptocurrency market without compromising their faith.
In this article, we’ll explore the features of the Bybit Islamic Account, explain how it works, and provide a step-by-step guide to help Muslim traders get started with Shariah-compliant crypto trading.
Key Takeaways:
Bybit Islamic Account is a Shariah-compliant crypto trading account developed in consultation with CryptoHalal and ZICO Shariah advisory services.
Tailored for Muslim traders, the Bybit Islamic Account strictly follows Islamic finance principles by ensuring all transactions are free from interest (riba) and excessive uncertainty (gharar).