Luno’s entire staking suite, large cap bundle obtain syariah certification


Luno Malaysia country manager Scarlett Chai said the certification of all its staking wallets and large cap bundle allows Muslim investors to grow their digital asset holdings passively. — Bernama

KUALA LUMPUR: Digital asset exchange Luno has obtained syariah certification for its entire staking suite and Luno large cap bundle, making it the first regulated digital asset exchange in Malaysia to offer a full range of syariah-certified passive-growth products.

In a statement, Luno said the certification followed an independent syariah review conducted by Sharlife Sdn Bhd, a syariah advisory firm registered with the Securities Commission.

It said the review covered Luno’s staking offerings for Polkadot (Dot), Avalanche (Avax), Cosmos (Atom) and Near Protocol (Near).

The four newly certified offerings join its existing staking products for Ethereum (ETH), Solana (Sol) and Cardano (Ada), which received syariah certification between December 2024 and October 2025, bringing the total number of certified staking wallets to seven, the digital asset exchange said.

Staking involves committing cryptocurrency assets to support a blockchain network’s security and transaction validation, in return for rewards distributed as additional tokens.

Luno Malaysia country manager Scarlett Chai said the certification of all its staking wallets and large cap bundle allows Muslim investors to grow their digital asset holdings passively while adhering to their religious beliefs.

“With over one million customers in the country, we are honoured to be the exchange that makes this possible, and we will keep working with our syariah advisers to bring new assets and products under certification as we grow,” she said. — Bernama

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