XRP Deemed Shariah-Compliant by Shariyah Review Bureau

- In jurisdictions or institutions that require adherence to Islamic law, XRP can now be used in financial services and transactions without conflicting with religious principles against interest, excessive risk-taking, and other prohibitions
- The validation unlocks access to the $2 trillion Islamic finance market (banks, funds, and remittances), especially in the Gulf region
- XRP community is now hopeful that this certification could catalyze a resurgence of institutional and retail interest in XRP from the Middle East
The Shariyah Review Bureau (SRB), under the Central Bank of Bahrain, has formally confirmed that XRP satisfies Shariah compliance requirements.
This means that in jurisdictions or institutions that require adherence to Islamic law, XRP can now be used in financial services and transactions without conflicting with religious principles against interest…
Read The Full Article XRP Deemed Shariah-Compliant by Shariyah Review Bureau On Coin Edition.
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XRP Deemed Shariah-Compliant by Shariyah Review Bureau

- In jurisdictions or institutions that require adherence to Islamic law, XRP can now be used in financial services and transactions without conflicting with religious principles against interest, excessive risk-taking, and other prohibitions
- The validation unlocks access to the $2 trillion Islamic finance market (banks, funds, and remittances), especially in the Gulf region
- XRP community is now hopeful that this certification could catalyze a resurgence of institutional and retail interest in XRP from the Middle East
The Shariyah Review Bureau (SRB), under the Central Bank of Bahrain, has formally confirmed that XRP satisfies Shariah compliance requirements.
This means that in jurisdictions or institutions that require adherence to Islamic law, XRP can now be used in financial services and transactions without conflicting with religious principles against interest…
Read The Full Article XRP Deemed Shariah-Compliant by Shariyah Review Bureau On Coin Edition.
Read More
