As Islamic finance nears $12.5 billion, Shariah-compliant crypto initiatives intention to serve two billion Muslims — but provide lags behind rising demand.
A brand new report by INPUT touches on the rising demand for Shariah-compliant crypto merchandise, even because the market struggles to satisfy the expectations of the world’s two billion Muslims in search of moral, interest-free monetary providers.
The Islamic finance sector, at present valued at $8 billion, is projected to achieve $12.45 billion by 2028, rising at a charge of 11.7% yearly, in keeping with the report and a word shared with crypto.information.
This rising curiosity is creating momentum for platforms that align with Islamic monetary ideas, together with the prohibition of riba (curiosity), gharar (uncertainty), and associations with haram (forbidden) industries.
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Digital property that adhere to Islamic regulation
Main initiatives embrace HAQQ Community, MRHB, Sidra Chain, and Goldsand (previously Inshallah Finance), all of that are constructing ecosystems round DeFi and digital property that adjust to Islamic regulation. HAQQ Community stands out as the most important, with $400 million in funding and over 6 million customers throughout its product suite, together with Islamic Coin, which allocates 10% of token issuance to charity.
MRHB’s four-product DeFi stack consists of TijarX and EmplifAI, whereas Goldsand helps halal staking with $4.5 million in staked property.
New INPUT report: “In 2025, Shariah-Compliant Crypto Merchandise Fall Wanting Demand”
2 bln Muslims search monetary providers aligned with their values, but compliant choices are scarce.– Islamic finance → $12.45B by 2028 (11.7% CAGR)
– 85% of Gen Z Muslims need Islamic banking… pic.twitter.com/N9OYBabfqG— INPUT Communications Company (@Input_comms) April 10, 2025
Sidra Chain, in the meantime, has processed practically 13 million transactions from over 700,000 customers.
Regardless of this progress, the report notes a shortfall in choices in comparison with demand — notably amongst Gen Z Muslims, 85% of whom are already partaking with Islamic banking merchandise.
Consultants say the trail ahead lies in regulatory readability and standardized Shariah governance. With Islamic finance projected to achieve $4 trillion globally, Shariah-compliant crypto might turn out to be a significant pillar of the rising digital economic system — if it could possibly scale to satisfy rising demand.
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