XRP Satisfies Shariah Compliance Requirements in Bahrain
The post XRP Satisfies Shariah Compliance Requirements in Bahrain appeared on BitcoinEthereumNews.com.
In jurisdictions or institutions that require adherence to Islamic law, XRP can now be used in financial services and transactions without conflicting with religious principles against interest, excessive risk-taking, and other prohibitions The validation unlocks access to the $2 trillion Islamic finance market (banks, funds, and remittances), especially in the Gulf region XRP community is now hopeful that this certification could catalyze a resurgence of institutional and retail interest in XRP from the Middle East The Shariyah Review Bureau (SRB), under the Central Bank of Bahrain, has formally confirmed that XRP satisfies Shariah compliance requirements. This means that in jurisdictions or institutions that require adherence to Islamic law, XRP can now be used in financial services and transactions without conflicting with religious principles against interest, excessive risk-taking, and other prohibitions. The validation unlocks access to the $2 trillion Islamic finance market (banks, funds, and remittances), especially in the Gulf region, where Shariah compliance is a major barrier to crypto adoption. Unlike other Gulf countries taking a slower approach, Bahrain’s move demonstrates that the country is keen to be a leader in digital change. Related: XRP Market Structure Steadies as Long-Term Holders Reinforce Momentum It’s worth noting that Shariah interpretations differ across regions and advisory bodies. Just because the SRB in Bahrain endorses XRP doesn’t guarantee automatic acceptance in Saudi Arabia, Malaysia, or other countries unless their local Shariah boards agree. Still, while other cryptos and stablecoins have sought (or obtained) Shariah advisory opinions, very few have had a major national central bank-regulated Shariah bureau backing. This distinction could provide XRP with an important head start in attracting Islamic finance business. Significance for crypto and XRP Many Muslim-majority jurisdictions require Shariah certification for any financial product. With XRP now certified, Ripple has an easier path to partner with Islamic banks, fintechs,…
Filed under: News - @ September 26, 2025 11:27 am