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Bybit launches Islamic Account for Muslim traders worldwide, tapping into $2.3 trillion Islamic finance sector

September 24, 2024 by MarketNewsData

From Investing.com September 24, 2024 08:30:38 AM:

Bybit, the world’s second-largest cryptocurrency exchange, has launched its Islamic Account, the first global exchange to offer such a service to Muslim traders worldwide. Developed with Shariah advisory services, the account provides Shariah-compliant trading products, including spot trading, DCA trading bot, and Spot Grid Bot.

The Islamic economy boasts 1.9 billion people worldwide, with the Islamic finance sector valued at $2.3 trillion. Bybit aims to tap into this market by providing a trusted platform for Muslim traders. By offering a Shariah-compliant trading environment, Bybit is dedicated to inclusivity and diversity in the crypto market.

Bybit’s Islamic Account is a major milestone in providing accessible trading solutions for Muslim communities globally. This initiative is a testament to Bybit’s commitment to breaking down barriers and creating opportunities for all traders. The account’s double Shariah certification ensures compliance with Islamic finance principles and high standards for all offerings.

Read more at Investing.com: Bybit Launches Islamic Account, Expanding Access to Crypto Trading for Muslim Communities Worldwide By Chainwire

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