Bybit Expands Trading With More Shariah-Compliant Pairs

Facebook
Twitter
LinkedIn
Since its introduction, Bybit’s Islamic Account has been positioned as a dedicated offering for users seeking a trading experience. Image Courtesy: Bybit
Since its introduction, Bybit’s Islamic Account has been positioned as a dedicated offering for users seeking a trading experience. Image Courtesy: Bybit

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its Islamic Account with 20 additional Shariah-compliant trading pairs, the first batches that will bring the total number of new pairs to 100 this year.

The newly added pairs include: NIGHT/USDT, XPL/USDT, SOMI/USDT, MON/USDT, IP/USDT, RECALL/USDT, CC/USDT, SEI/USDT, ZKC/USDT, ZORA/USDT, WAL/USDT, XAN/USDT, STRK/USDT, AI16Z/USDT, ATH/USDT, ZBT/USDT, S/USDT, 2Z/USDT, CAMP/USDT, and INIT/USDT.

Each verified Shariah-compliant pair has undergone review by Bybit’s Shariah advisory partners to confirm compliance with Islamic finance principles prior to listing. The expansion will continue in stages, with new pairs introduced approximately every two weeks.

“We believe access to digital assets should not require users to compromise their values. By expanding our Islamic Account, we’re giving Muslim traders greater choice while maintaining the rigorous Shariah review process behind every supported asset. This is part of our long-term commitment to building a more inclusive digital asset ecosystem,,” said Derek Dai, Head of Bybit MENA.

Image Courtesy: Bybit Official Website
Image Courtesy: Bybit Official Website



Since its introduction, Bybit’s Islamic Account has been positioned as a dedicated offering for users seeking a trading experience consistent with Islamic financial principles, designed to eliminate interest (riba) and provide transparent fee structures. Bybit was among the first global cryptocurrency exchanges to introduce a fully Shariah-compliant account, developed in consultation with Shariah advisory scholars.

The account provides access to Spot Trading, Dollar-Cost Averaging (DCA) Bots, and Spot Grid Bots, alongside other Shariah-compliant products, allowing users to build and manage positions in a manner consistent with their values and beliefs.

Demand for Shariah-aligned financial products continues to grow across the Middle East and other Muslim-majority markets, alongside increasing participation in digital assets. By broadening the range of approved trading pairs, Bybit aims to give Muslim users greater choice within a dedicated environment designed around Islamic finance principles.

The latest upgrade reflects Bybit’s ongoing commitment to serving the Muslim trading community with an account architecture grounded in transparency, fairness, and faithful adherence to Islamic financial principles, and that further enhancements to the Islamic Account are planned as part of this continued effort.

Source

Share.

RELATED POSTS

The signing ceremony was held under the auspices of H.E. Ahmed Jaafar Al Musalmi, Governor of the Central Bank of Oman. Image Courtesy: Alizz Islamic
Alizz Islamic Bank partners with SMEs Development Authority
Mansoor-Rashid-Al-Khater-Chief-Executive-Officer-QFC-and-Hassan-Alefrangi-Chief-Executive-Officer-of-Ahli-Bank
QFC and Ahli Bank sign MoU to advance fintech innovation
Payten formally announced the expansion of its operations in the Kingdom of Bahrain. Image courtesy: Payten
Pay10 Expands in Bahrain with New Payment Apps

LATEST POSTS

BEEAH has forged a strategic partnership with Soma Mater, expanding its sustainability advisory capabilities and specialized support for governments and businesses across the UAE and wider region. Image courtesy: BEEAH
Dubai South, the largest single urban master development focused on aviation, logistics and real estate, has signed an agreement with Phoenix Aviation for a new airside plot at Mohammed bin Rashid Aerospace Hub (MBRAH). Image Courtesy: Dubai South
Digital Assets (Image Courtesy: International Business Magazine)
Shaza Hotels, a subsidiary of Barwa Real Estate Group, has signed a Memorandum of Understanding (MOU) with Omnia Properties SPC, for the first Mysk-branded residences in the Sultanate of Oman. Image Courtesy: Shaza Hotels