Luno Adds Shariah-Compliant Ethereum Staking

Exciting news for cryptocurrency investors in Malaysia! Luno has officially announced that they are now offering Shariah-compliant Ethereum staking. This makes Malaysia the first country to provide such a service to Muslim investors, aligning with Islamic values.

Scarlett Chai, Country Manager of Luno, shared, “Malaysia has been recognized as a hub for Islamic financial services, and with the Shariah-compliant certification of Luno’s Ethereum Staking, we are proud to see Malaysia at the forefront of shaping the Islamic financial services space.”

With this new offering, investors can earn annual rewards of up to 3% on staked ETH, although rewards may vary due to network conditions and the volatile nature of cryptocurrency. Customers can start earning rewards with as little as 0.00001 or RM1 staked. Rewards are distributed weekly, providing a flexible and accessible way for everyone to get involved.

Luno’s commitment to expanding their array of Shariah-compliant services and coins ensures that all investors can participate with confidence. Stay updated on the latest news and updates by following Luno on Instagram, Facebook, Twitter, or Telegram. This innovative step by Luno is a great opportunity for Malaysian investors to explore the world of Ethereum staking in a way that aligns with their values. Exciting times ahead for the cryptocurrency community in Malaysia!