Express

Algorand Becomes Certified Sharia-Compliant And Enters $70 Billion Market

Janelle Fox

Summary: Algorand, the first pure proof-of-stake open source public blockchain, has been certified as sharia-complaint, according to CoinDesk. The certification was provided by the Bahrain-based Shariya Review Board and signifies that the Algorand platform adheres to the tenants of Islamic law. This gives Algorand access to a network of Islamic investors that are estimated to be ...

Algorand, the first pure proof-of-stake open source public blockchain, has been certified as sharia-complaint, according to CoinDesk.

The certification was provided by the Bahrain-based Shariya Review Board and signifies that the Algorand platform adheres to the tenants of Islamic law. This gives Algorand access to a network of Islamic investors that are estimated to be worth more than $70 billion.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Algorand Becomes Certified Sharia-Compliant And Enters $70 Billion Market   [Copy]
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 4 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 9 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 27 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 28 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025
  • You need to login to comment.